I don't think there is going to be any "lift-off", a major trend line was breached yesterday, and it couldn't move back up above it this morning. And now we are selling off again, looks bad to me.
covering for +9 points on a 3 lot. didn't add. .. i'm sure you can keep selling all day. will look for that later.
we are going down straight line .....ohhhhh! Very rare market action but i still think we are due for a bounce next week.
Rare in the current low volatility environment maybe, but markets change all the time, pull up a chart of 2008-2009 and you will see that back to back huge selloffs were very common then.