Relax. The market is allowed to be volatile for the first time in 2 years. Nothing is that unique about any of the moves, aside that it's actually being allowed to happen. This is how volatility works. There are up moves and down moves. If this is allowed to continue you will see some awesome relief rallies, followed by even more aggressive dumps. There is nothing to be worried bout. If one can tune out all the noise, it's an incredible opportunity to make good money. Why? Because you get actual directional moves. it happens in waves and if you study past volatile markets you will see similar patterns play out.
I'm very close to retiring from posting here. There's just too much bickering for my liking. Also no one has a clue of what's going to happen day to day (myself included). We are all just guessing. There's no reason to panic at all. Volatility= opportunity. Embrace it and make $$$. That is the end goal. The market structure is not at risk. There's nothing to get spooked out about. Market is going to market.
Yes, the bull market for now is over. There will be aggressive rallies thrown in the down trend, but we might not make new highs for some time. Yes, I admit that I was wrong in that I didn't believe they would actually allow the market to ever be volatile like this again.