First big move as expected was today.

Now, couple things will play out:

Revearsal and a scream for an upwards breakout through 950 range.

Continuance to 908, 888, 868.

Consolidate again and chop until the next compression breakout.

If you are position or swing trading, these setups are critical to your success or preservation of capital. The tide raises or lowers all ships.

If you took a beating today, re-look your stops and protect yourself during these setups.

If you are trading e-minis or index ETFs, you were handed free cash.

Watch the setups folks.