SPY Charts and some Technical Analysis News to keep in mind Today - Today's Economic Calendar - The Charts - Opinion - Stock Picks. News to keep in mind Wednesday morning: Futures trade vs fair value were trading a bit higher late last night. * If you have any questions or comments for us - please post below.Dow +150, S&P +20, Nasdaq +68, Russell +16. (12:25 am ET).We look ok technically - But use "Caution" message has been on here for a while for a reason. (Quick sell-offs are a possibility at anytime - so we continue to leave this note).The biggest factors in the market right now are; Stimulus deal news, Coronavirus headlines, the economy, the Global Economy, China, and upcoming elections.Watch the VIX - (CBOE Volatility Index) - remains a bit elevated, remains in the mid-20s. Today's Economic Calendar: 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.During the day, The AIA's Architecture Billings Index for September (a leading indicator for commercial real estate).2:00 PM, the Federal Reserve Beige Book, an informal review by the Federal Reserve Banks of current economic conditions in their Districts. THE CHARTS: (NOTE: Charts are a good guide, but when a tweet or news item can jerk the markets around, they mean a bit less.) BRIEFING: We had a bounce off our support on Tuesday on stimulus hopes and a rebound from the last few days of selling. We are still not counting on anything actually getting done, but a bit hopeful. On our charts, the last few days of weakness and selling has caused the Money Flow to go negative. The Stochastics are now getting low (close to oversold), so with that in mind we would expect an attempt to continue to bounce a bit higher from here. Depending on how things go, we may have seen a successful test of our SPY 340 area support level. (Positive). * Repeating.... "Our problems with the market now are the uncertainty about the upcoming elections and stimulus legislation, in addition to the valuations seeming a bit high." * Don't risk to much, there is still a lack of CERTAINTY in the markets. * IF wanting to gamble: Options trades on these ETFs will give you a way to place your bets. $TQQQ - $SQQQ - $SPXL - $SPXS. * Beware - levered ETFs are subject to decay and are not for long-term holding. * CHANGES: The Money Flow has turned negative.The 20-day moving average crossed back above the 50-day. (Bullish). POSITIVES: The MACD is positive.We are over the 20-day moving average, which is rising.We are over the 50-day moving average, which is rising.We are over the 200-day moving average, which is rising. NEGATIVES: The Money Flow is currently negative after selling pressure.We may need to retest the SPY 340 support to see if it holds.What about the Fundamentals, Valuations? Virus, Economy & Jobs, Elections, Politics, The FED, and China troubles?A lot to think and worry about!The Vix is still a bit high and may remain high for the foreseeable future. OPINION: Currently we are above the 20, 50 and 200-day MAs. (Bullish).We see a sideways to slightly higher - range bound type of market for the moment.Technicals alone the market looks ok.But.... with so much uncertainty about the upcoming election, stimulus deals, etc. We don't want to jump all the way in.We still say "Use Caution" for a reason. Do not over risk yourself or over leverage yourself.We are still susceptible to large drops or dips.Look for trading opportunities that could result and have your trading lists ready. * Do not use MARGIN at this time unless absolutely certain of your trade! *INDICATORS: The MACD is positive. The Stochastics are low/neutral. The Money Flow is negative. MA +/- (slope): The 50-day MA (338.92)(+0.18) and the 200-day MA (309.70)(+0.12) The 9-month chart (below). We are well above the SPY 320 line, which is very strong support. (Bullish). We are also above the SPY 340 line, which is now minor support. STOCKS: (Our most recent FULL TRADING LIST is posted here). < Favorites & Trade Ideas > <-- Click here for the quotes, details, news and opinions on our current Favorites and Trade Ideas! Current trading favorites: AUPH - Aurinia Pharma (Their Lupus drug is on a path to approval), EPZM - Epizyme, EXEL - Exelixis, HZNP - Horizon Therapeutics (A big winner for us this year/tripled), IOVA - Iovance, KPTI - Karyopharm, TGTX - TG Therapeutics (Our Top Pick!).If your thinking longer-term/income: T - AT&T (7%), XOM - ExxonMobil (10%) - high dividend yields.Tech Picks: CRWD - CrowdStrike (Although be aware it has a high valuation now), DT - Dynatrace. * Feel free to share your list/picks in the comments below. Disclosure: I may trade in the ticker symbols mentioned, both long or short. My articles represent my personal opinion and analysis and should not be taken as investment advice. Readers should do their own research before making decisions to buy or sell securities. Trading and investing include risks, including loss of principal. If you liked this article, please click the LIKE (thumbs up) button. Feel free to leave any comments, question, or opinions. (Sign-up if you haven't already done so)! Follow us/bookmark us and check back occasionally for additional articles or comments on our page... Wild Tiger Trading - start/main page. With our Daily Trackdowns, check back for additional analysis/observations during the trading day in the comments by us or our readers. .Are you interested in trading stocks to supplement your income or make a living? Maybe become a professional trader? Many traders have the skills and nerves to trade, but not the upfront capital.Well now that problem is solved!Try2BeFunded has expanded its trading program! If you're a novice or experienced trader, you can earn access to a trading account with up to $100,000! To learn more about how to qualify, click HERE and give it a shot! You have nothing to lose it is free to try. Give Try2BeFunded a try! .