Head Fake?

We know from experience on daily and intraday timeframes that the head fake is the most common Wall Street game we see before a reversal, we see it probably something like 85% of the time.

So is today another head fake?

 Head fake on the DJ-20

 On the Q's

 The SP-500

And XLF just to name a few.

With the exception of the DJ-20, usually a break of support would send these averages plummeting, n fact if I were trading the way I did 5 years ago, I'd be short everything and have expected the Dow to have given up 300 points today. Price s the final judge, but more often then not, price indications can be very devious.