Yesterday, from High to Low we had about 100 points. Today I'd say we're going to have a bit larger range, and there seems to be a bit of air below so we may kiss/break 5100 Edit: I don't think we're going to collapse or anything, but some permabulls buying the dip yesterday must be starting to feel the pain.
Quite plausible. Personally, I'm thinking possibly too much damage is done to salvage the day by now. ES filled two gaps on this drop and not down more than 1,17 %. I see the next gap below at 5085,75. It could happen today...