Like I said yesterday, today was supposed to be a major down day and the prophecy is fulfilled.

Bought FAZ at close yesterday.

Here is why I say the market is going for a pullback:

We had never had three days closing lower in the SPY ever since we
started with this rally two months ago. The past three days tells me
this is a reversal signal and I sold all my long stocks yesterday.
Since we gapped  down today morning, I will be cautious in the coming
days for going long.

Having said this, I think the SPY might go down to 82 and find support.
And since financials led the rally, you know they will be the first to
tank. This is a warning sign to all of you who are holding onto Shitty
(Citi).
Regards,
FF.