Is This The Crash? Almost-certainly not. First, it is extremely unlikely for a market to crash from a spike high. China is the only place where it has happened with any sort of regularity; what usually comes first is a distribution pattern. But..... with that said it isn't impossible. However, as of 2/5 the S&P is now back to the 50DMA, which it has not touched for quite some time -- it bounced, and then collapsed. Of note the 200DMA is down around 2530, which would be back to about November 2017 levels and extraordinary in terms of the current...
