The push-down at the end of the day was important to paint the chart in a less favorable light. Instead of pushing up against the 50-day MA, we are now back at the 200-day MA, with stochastics rolling over and hoping to find support. The good news is that these are the sorts of tricks used by people who want to buy more shares...
And as a bonus chart, check out the damage done today on the S&P 500. Holy moly! The 200-day has been solid support for 2+ years, with only a few cracks here and there, so the key question now is whether it will hold some more.
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