Looking at the market psychology chart below, we may be sitting at the Denial phase now as quite a number of stocks are testing their major support levels.
My post below on 9/2/18:
Dow probably needs to settle down around 23k (another 860pt or 3.6% drop) its long term support before some consolidation, but if that support does not hold, then probably more pain ahead. As mentioned 3 days ago, a 1000+ single point largest drop in Dow history is unlikely to end as a trading footnote so caution is warranted.
