
Overall, the market indices recorded the following performance statistics: S&P500, -3.9%, or -43.5 points, to 1071.6; DJIA, -3.6%, or -376 points, to 10068; and NASDAQ, -4.1%, or -94.4 points, to 2204.0.
Next, here's a 1-minute bars chart of the /ES, showing the extent of today's intraday swings. It appeared around 13:45 EST that the day's action would be a classic inverse head-and-shoulders pattern; however, price action from about 14:30 and into the close negated that interpretation. With the market's post-close foray to a low of 1063.0, I am obviously somewhat concerned about my theory of this representing a durable bottom; I suppose that tomorrow shall bring the definitive answer! Without further adieu then, here's the 1-min bars, /ES depiction:

Finally, here's a tantalizing chart with which to close out; volatility is certainly reaching a significant resistance point. Not shown is the fact that VIX, at today's close of 45.79, is within a historical 10-year resistance range of approximately 45-49. The VXX, an ETF of VIX, follows:

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