Record highs were only ten days ago. I continue the watch bond yields as yields sink so do stocks. As yields come off their lows stocks follow. What are you watching. When you look at internals, technicals, he is with aed on every measure of being shortterm oversold we had already checked those boxing going into today then today thing got worse it was a lesson for investors and traders that oversold doesnt mean the coast is clear. You can always get more oversold what is interesting right now, the s p at its low today down more than 10 . In five days thats only happened four times in history, 2011, 2015, and during the. Com bubble and burst and during the great financial crisis this is very extreme activity. On that point, to your point, bespoke today points out, to understand the magnitude of the drop and the swiftness in which we have seen it if the s p 500 today closes below 3,547. 53 today, tomorrow, or monday, it will be the fastest 10 decline from the alltime high from the s p 50