This is one of those days Wall Street will remember but it is not as unusual if compared to history. The stock market sold off at the opening (the Nasdaq was down at one point 4,5% before recovering and closing up). The S&P 500 broke decisively its 200 days moving average before closing just below it. The cumulative advance/decline line (Nasdaq) continues to look horrible (see attached chart) and is back to 2020’s spring. A lot of damages has been inflicted lately to the market and it will take time to be repaired. Put/call ratios reached readings we haven’t seen since a long time. 

Very short term oscillator	Negative -
Short term oscillator	Negative -
RVI trend	Negative -
Trend short term (5 days)	Down ​
Trend mid term (8 days)	Down ​
Differential of trends	Down ​
Risk profile	40 (scale of 1 (low risk) to 100 (high risk))