Unexpected Market Selloff Greets Black-Friday Traders

The markets are under serious selling pressure this morning.

I wasn’t planning on too much today, given how slow of a trading day it tends to be as the markets wrap up early for the weekend. A 120-handle slide in the ES and an 1,100 point dump in the Dow futures has that plan off the table. 

This is not a fun situation that the bulls find themselves in. However, the first step (as it usually is for other life appl…