If there is no bad news forthcoming and the selling was indeed...

If there is no bad news forthcoming and the selling was indeed the result of stop loss triggers being hit, there may be a bit of cautiousness over the coming few days and then business as usual (most likely the slow decline we have become accustomed to lately... at least until good news).

Personally, I made a quick stag trade and will wait for the chart to improve. I the think the market in general is in for some more volatility short term.