-2% to -3% is a run of the mill week to week move.
-5% to -7% is a pullback.
-10% is a correction.
-15% is a deeper correction.
-20% to -25% is a bear market.
-30% to -40% is a severe bear market.
-50% is a crash.
-60% is a severe crash.
-70%+ is welcome to hell.
The $SPX is barely down 3% from ATHβsβ¦