With this chart, you can see that the stock market has made a series of lower lows and lower highs. I am assuming that this retracement is an opportunity for new bears to enter the market to attempt new 52 week lows in the next few months. I would be highly cautious if your owning U.S stocks right now, as this could be the tip of the iceberg. With the 2-10yr yield going lower every month, I am expecting the yield curve to invert this year.Stocks from a historically perspective should fall or continue to fall for atleast the next 12 months.