Why is everyone so shocked about how the market acted today? It's literally been doing this exact thing for the last week.
If the market has a so, so open and stays in a range of about 100 points all day, there is an inevitable sell-off in the last 20 mins of the day.
If the market opens down 120 points or more in the morning, it will inevitably reverse by around 10am-12pm before closing higher on the day.
I wish I hadn't have pissed away my account learning how not to trade options, because if if I had day trade buying power right now I would be making some bank on these swings.