Equity index futures are pointing to losses to start the session after the holiday weekend. Lower highs have been made for the first time since March. Will the markets consolidate the move from the lows, or do the bears force a retracement? Today looks more compelling for a real selloff. The next few days will be critical in determining the market's fate in the short term. Insurance stocks are the ones to watch today. They have been relatively weak and there is good risk to reward entering shorts at these levels. Keep an eye on other financials to see if they hold key support. If you are trading technology stocks, AAPL is a must watch today as it was upgraded and is opening 2% higher premarket.

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