The sharp dip that started late last week continued early in the week, but since then the market has stabilized somewhat—as of Friday morning (after Fed chief Powell started to speak, with what most see as some hawkish words), the major indexes are down in the 2% range, and, looking at their charts, the pullbacks to this point have been sharp but normal, with most hanging around their rising 25-day lines and still 3% to 4% above their rising 50-day lines. Yes, things could change, but the action to this point keeps the intermediate-term trend pointed up.