This freaks me out a bit, but a technical analysist might be able to add more clarity. I went to the S&P 500 index chart and zoomed out to max. I set a quarterly time frame for each candle. The end of the quarter just ending on March 31 resulted in a smallish red candle, breaking the upward movement of previous green candles. The S&P is still at nosebleed levels, and (when looking at the aforementioned chart) you will see that a newly formed red quarterly heikin ashi candle is almost always followed by another red candle for the subsequent quarter. So, I'm just wondering. Is this a bogus, coincidental indicator, or are we screwed and very likely to go down further over the coming quarter(s)?