an tSionna: S&P 500 Weekly Chart

A weekly chart gives a better perspective of the damage done to stocks this year. You should be able to click on this and expand it. My reading of these entrails is still the same: A market potentially trying to find some sort of bottom by establishing a trading range. Of note is the current level of volatility. Simply put it's at levels most of us have never seen with the possible exception of the trading periods right after the 1987 crash.