The big money (GS, JPM, MS, etc.) are telling us something!
They are taking this market down. They move the market and this is just not selling. They are shorting this market. These big down day candles have a pile of shorts. Will be interesting how low they take it. As mutuals pile on selling makes it very easy for them to take these stocks down quickly as many have seen. They make their money moving the market. We just try to catch a ride.