The stock market sold off at the opening, following Mr Trump’s statement that a trade deal between the USA and China may be postponed after the 2020 presidential election. The correction/consolidation we envisioned recently is in progres and the market is doing its job of correcting an overbought situation. The warning signal our indicators flashed on the 15th November proved to be right. Our indicators are improving slightly, we observed some hedging activity in the option market and breadth wasn’t so bad: 1486 stocks advanced compared to 2395 that settled down. Our short term trading system has turned down as most systematic models based on prices. The countdown towards the end of the year is getting tight: There are only 12 important trading days…