Dislikedglad you brought that up....its quite interesting how the dow will play out later.
i noticed when the dow was at the lows earlier this month pa reversed on a gap pattern named "island reversal". (thank you ak4x on the terminology lesson). this is pretty much where price action gaps down compared to the previous day and that gap only gets filled the following day with yet another gap up. in other words...price action for one day has no link to what happened the previous day or the day after.
the dow gapped 150 points + yesterday....closed...Ignored
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !