daytrading june 20 pre-market, page-20

Over the last 3 months every time the dow has had a large down candle (200pts) it always recovered the following session. The 25th Feb, 15th April, 31st May and 5th June are recent examples of this.

Last night's selling looked artificial, the market was steady for most of the session until late in the session when bernanke spoke. Fed tapering off qe is a good thing imo because it means the economy isn't in that bad a shape.