Free Fall

This market is in free fall.  This is the 3rd straight big gap down in a row, which is not common.  It shows the extreme weakness in this market.  But usually the 3rd straight gap down is bought and we will likely have a rally in the morning.  But in a hedge fund ruled market, anything can happen as the hot money decides to buy or sell based on momentum and many having re-risked over the past 5 weeks.