The 3-1 and 4-1 margin folks are getting squeezed and will force the dow to 11,500 in a few weeks. Mark this. Panic selling will lead to panic buying.
ES and YM both threw high volume shooting stars on the 5 minute chart. I'll bet the indices close red.
Crazy... people were hoping for a "1,000 point bounce".... we just had one... ALL today... 1,019 point range...