Thought we would fade into the weekend, maybe we still will , but this support is done and we are going down to the next trend.
Plunge protection for sure ;) .. The inevitable is prolonged. Always put super tight stops when trying to time the next down move. If the market doesn't fall more here I will be looking at shorting the top trend line. Past that..... you go long , market makes new highs and you short the tend from the initial gap down.
We either break the current trend to the upside or we will be bouncing around this range for a couple weeks.