Correction Territory.....Whoa!Oh no, not correction terriftory...what are we to do? Why does evey move and short term level have to have a label? The direction of the market is driven so much by technical trading indicators, they miss the broader economy. I've heard numeous times by different technical traders that they don't look at or care about anything else but trading indicators (i.e. not the health of a company, not current global and local economic conditions, not currency, not commodity prices, not what the federal reserve is planning to do, not inflation or reported data such as CPI etc.). Wow. Why do we even collect and report this data?