We knew yesterday that everything the market was signally was that it was preparing for a big drop coming.
It actually got worse after this tweet including a break of the 50 sma.
Quote Tweet
I'm not Bullish here because of the way the s&p is being manhandle by the 10 sma.
It's been failing there so a deeper drop is more probable unless the s&p breaks out over the 10 sma..


