No point in trying to (fundamentally) rationalize it ........ Market is down because........BITCOIN is down. Last night I tried updating this one month chart https://investorshub.advfn.com/uimage/uploads/2022/6/3/lwohjbtc_e_31_1m_30000_tues_am.jpg And this was the chart which they handed me ; https://investorshub.advfn.com/uimage/uploads/2022/6/3/wyskhbtc_f_3_1m_WTF_WHERE_BO.jpg This morning I checked again and look, it's correct !.......It's suddenly, mysteriously, suspiciously "correct" ! https://investorshub.advfn.com/uimage/uploads/2022/6/3/jpjwpbtc_f_3_1m_CORRECT.jpg Market is down because Bitcoin is down..... The Risk-ON / Risk-OFF Indicator turned RED........ Probably sometime (I'm not sure just quite WHEN), The Establishment simply decided to conceal it. ha-ha At any rate ; Well okay, I see that we're now back in business......and I see that the SPY has almost re-visited 410 410 being the/a level I've been RIDICULING ALL MONTH. !...... https://investorshub.advfn.com/uimage/uploads/2022/6/3/qyoqpspy_f_3_6m_410_am_ORANGE_DIAG.jpg https://investorshub.advfn.com/uimage/uploads/2022/6/3/dtvohspy_f_3_10d_am_410_ON_LINE.jpg BASIC, Elementary and SIMPLE T.A........ The more simpler ya' can get it, the more better off you will be........IMHO .