Today's action is healthy for the markets, at least until now. The S&P found support at yesterday's lows, making this the level (1204) to watch out for today.
The action is NASDAQ is obviously more bearish, with the index gapping down below yesterday's lows and then meeting resistance there. So, watch out for 2545.
I got out of CIT at 42.80 for 0.88% loss and added to my existing PSTE position at 20.55.
Take care and good luck!