With the huge plunge yesterday, expect a dead cat bounce today.
exacly..aimless dead cat bounce to see what shakes
We had our bounce already in the futures overnight, as is typical for a TRIN over 1.05 at prior close. Dow futures rose 89 points off the overnight lows until they hit the 50% fib at 13426, and headed straight down from there, 170 points lower since hitting the Fib st 7:20 am. Expect further selling over the next few weeks, with the usual pullbacks.