massive selloff in the wind

This does really look like a turning point for another correction .
This is only my observation but a lot of resource stocks (our props) are now indicating technical sells and the majors are powering up
The index looks like its in a Blow off mode .
Bhp has erratic trading intraday with wild swings and fluctuations occurring almost frenzy buying and selling.
Not sure if this is a sudden influx of new trading funds or what .
A retest of 6400 is not out of the Question and would be healthy for our market at this time