this is the 3rd pink diamond breaks down since Mar 20 peak.
every diamond breaks down induces deep plunges.
after the market close, JPM plunges more than 6.5%, C plunges more than 3.5%.
as expressed in the market close update, market should gap down tomorrow morning, then work off the fear factor. updated volume indicator spots this turn around beautifully.
financials should lead the market down tomorrow. financials goes, so goes the market.
J.P. Morgan Flags $2 Billion Trading Loss