I'm no expert, but when the fed pumped 1.5 trillion into treasury securities on March 12th, we saw 'the bottom' on March 18th. Couldn't this imply an artificially inflated market for the past month? Would explain the prior 2 week rally with no apparent good news in sight.
https://www.forbes.com/sites/sarahha.../#1d8289c66adb
Maybe the fed's injection is wearing off and we will re-test lows?
Just speculating.