With the overnight European session opening down 1% Algo driven machine selling took advantage of the thin trade to flush out weak hands as the 2812 gamma level held and now back above 2871 and ready for a move to Fib level of 2916. Above that and a simple China talks with US headline will propel up toward the all important 3034.
Comment:
Hit 2900 and fell due to China and 61.8 Fib, now back in range 2863 to 2900 and neutral here unless break out of those levels,