Heavy selling in the stock market on Friday likely due to the uncertainty with the outcome of the upcoming Presidential election this coming Tuesday.
The selling ahead if the election by those holding huge profit may continue and if the outcome is going to be heavily contested we could see the selling becoming very unruly, i.e. a stock market crash.
Key resistance to hold on Monday will be 11,150. If NQ failed to break clear above 11,150 we could see real heavy selling coming back and overwhelmed buying.
If Friday low should break the next support is 10,650, a double-bottom with September low.
