Cobra's Market View Private Messaging System shows:
Plus my trick says 24 out of 35 times (69%) a green day after a Major Distribution Day (NYDNV to NYUPV ration > 9).
Plus ChiOsc on SPY 60 min chart is way too low so at least we’ll see a rebound tomorrow morning.
So the conclusion, gap down tomorrow morning could actually be a good news for bulls. The bottom line, damage was done, the chances are good that there’ll be more sellings ahead.