Funny, and excuse me for quoting Cramer, as i never would in a serious manner, but 15 minutes prior to the market open today, he made a statement, and i'm paraphrasing, that implied that the futures were gamed up to draw in buyers and sell the market at those higher prices, essentially.
Full agree with his statement as the futures looked to misdirect this morning causing a few shorts to cover. Just a small short cover-tiny rally on very very light volume today. A lot of anxious knife catchers looking for a "market bottom" too soon as well. I think we see (at the minimum) another month of selling during this correction.
Pretty sure today was a breather. I'm expecting all out sell mode to resume this evening (tomorrow). Still looking for 153 but may actually have to readjust my target to the downside as I see at least another month or so of selling at the minimum.