I will enter the market monday with a fresh outlook. ... and take this bad trading day as a payment towards summer school tuition. T
Did any mention that it was quarter end, so a lot managers want to lock in gains and get out of thier positions. On top of that 838 was an important technical level IMO, probably a lot of stop losses were a little under it.
I strongly recommend you learn more about volatility analysis because when you do you'll realize it was the lack of volatility where many of the head fakes occurred more often than not. Simply, once volatility shows up and stays...that's usually when we are able to reach our profit targets. Mark (a.k.a. NihabaAshi) Japanese Candlestick term