We broke all technical supports, FED is tightening aggressively, consumer sentiment record low, CPI highest in decades. People still refusing to accept that we are in a bear market.

This is the SPX in 2009, very similar if you overlay the weekly chart of 2022 pic.twitter.com/W5BSMgD74H

— William Roumanis (@WilliamsGK) May 20, 2022

This is gold 😂 t.co/CI889A1fFF

— Avid Commentator 🇦🇺 (@AvidCommentator) May 21, 2022

NDX drawdown has now exceeded the pandemic selloff.

The last larger decline was 14 years during the Global Financial Crisis. pic.twitter.com/YaBRm96AYa

— Jim Bianco biancoresearch.eth (@biancoresearch) May 20, 2022

The "stay invested" mantra is a lot more challenged in reality. High capitulation "selling volume" – tells the truth. pic.twitter.com/vVLV3EylXr

— Lawrence McDonald (@Convertbond) May 21, 2022

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