The Dow moved up last evening, but before it surged and shot through the roof, there was some washing sales at the bottom as highlighted and also some panic throw down because of some bad news earlier yesterday morning. Check out the news yesterday which caused the panic selling where the wash sales happened.
https://edition.cnn.com/2018/09/17/politics/us-china-tariff-trade-war/index.html
If I am not wrong, the market is poised to gap up today a little first before selling down with sellers. I don't think the market will crash but sellers are waiting at the selling zone to lock in profits. The market is just selective stocks for now and hence all trades are pretty short term. Click below link to see Sembcorp Ind where I captured the Dow in the afternoon before it surged.
http://stockmarketmindgames.blogspot.com/2018/09/sembcorp-ind-turned-high-up-with-10.html
Ronald K - Market Psychologist - A Stock Market Opportunist
