The big news in all the charts show a gap down.
The SPYs are right at technical support.
The QQQQs have a ways to go and
The IWMs are at support as well.
While I am sure there are people in a panic about this, I'm not. The market needs a sell-off right now; we've come a long way and it's time to drive out some weak positions.
FRBNY Prez William Dudley on QE, Mandates
30 minutes ago