the market was down so much on a great jobs report…I mean…this market has rallied on any ole pretext…so that told me that maybe all the good news was in the mkt and the mkt was ready for a 10 or 20 percenter to the down side…the much prayed for by the bulls “healthy correction” so that they could rush in and scoop up the bargains…
another factor was the V bounce back up to the new ATHs setting up a classic bull trap false upside break out