Calm after the equity storm

Today's session was in stark contrast to yesterday's trade. Tuesday's plunge occurred on the highest volume in months but today's consolidation had little in the way of order flow. Also, the erratic and highly volatile price action in yesterday's session was nowhere to be found. It is possible that the market will be on hold until Friday's job report. The FOMC minutes of the most recent Fed meeting was released but turned to be a relative non-event as far as the market was concerned. Fed