waiting for the CCthe market is very fickle (volatile) so this could rocket upwards or fall off a cliff again tomorrow depending on how good or disppointing the news is.
Don't forget that the day traders that sold today won't likely be back tomorrow as the risk/reward is not enough IMO.
The downside has been there as evidenced by the slow fade of the SP since Jan./2014 & now that the trade gap has been filled for the most part; there is only upside, but the pace of recovery of the SP will be slower than the drop experienced today unless this is a blow-out Q & I don't think there are too many people in that camp.
carlos