PS: Maybe this is the Top.
Fundamentally the US economy and global economy is looking considerably more grim than in 2008. More grim than the Great Recession isn't good enough for you? You want to wait till it's MORE grim!?
Institutional investors are already out, government is tapped (what they did barely made a dent), Fed is tapped (what they did kept the market afloat an extra month) and now is fully supported on the backs of FOMO retail investors whose money will evaporate the second it falls past a certain level. Then programmatic selling will put some serious distance very quickly between the FOMOs from their money and then at the next bottom, maybe 16000 in the Dow. All institutional investors will buy up everything at massive discount while retail is broke as a joke and needs years just to get back to even.
It's all part of the plan and everyone sees it except people who invest their money based on wishful thinking.