@market_sleuth 💯agree. Vol in other markets not healthy either - for example /SI had a $45 dollar range one day last week. Bananas. Thing that I keep looking for though is an excess high at ATH on at least a 4 hr candle.
One way to think about it:
Social Security takes 12.4% of the paychecks of the people in the green box, then the government borrows more money on top of that, and gives it to the people in the red box.