RE:This market The stock market is a complete rigged game, there is no use trying to determine "The Why" behind the daily moves. You will never get the answer.
Look at silver today, same old same old.
Enter short trades in the Crimex, then the Crimex changes the margin requirements which causes liquidation. Increase short positions - Which increases Margin calls and creates more selling pressure.
Rinse / Wash / Repeat.
I can't count how many times i've seen the blatant manipulation in these markets, and I can count very high.
FV67