In the scenario where Kamala Harris wins the election, it is unlikely that there will be a significant market dip. 

There may be an initial reaction followed by the unwinding of Trump-related trades and volatility trades, but this would likely keep the market within its current range.

The market has already experienced 8 months of sideways, supported by a strong bid for ETFs, and has had significant selling pressure from events like the forced liquidation in Germany and MtGox.

Following the post-election leverage unwind, it remains unclear who would be motivated to sell?