Looking at the Tom Demark sequential, we can see a perfect buy setup. Also I am using a modified script developed for RSI and Stochastics which I have found to be much more effective, and we can see that daily Stochastics is curving up , along with the RSI being very oversold. The SEC Fud today took the market by storm, causing the intense sell-off, but keep in mind that the SEC never said ETF'S were going away, rather they said it would merely be more time to make there decision on approving an ETF. If you want to try the modified scripts let me know.