What Just happened?

Plenty of head scratching and questioning what the Heck just happened.One thing for Certain once Spoos traded below the 3353-55 Band stops were triggered enmasse ,80+ thousand contracts traded during a 2 minute period on the break. Traders found out that Support levels/gaps can be broken and every once in awhile buy the dip strategy doesn’t work,Also one of the biggest high flying stocks this year(+200% YTD) Virgin galactic dropped some 30% causing quite a panic in the High flying Tech stocks,Vix Spiked some 15% traded above 17 briefly a bit of old school excitement for a bit. 10 year yields traded down to 1.51% ish a break of 1.50% is pyshological level the 1.41% September lows much more important.

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