It could have been worst, this is certainly the reaction many old timers who survived the 1987 black Monday crash thought after the close. As expected, some of our indicators reached extremes: hedging activity in the option market ran full speed, our fear indicators reached levels seldomly touched like our fear greed index and our capitulation index. We observed in the Nasdaq market that money is still flowing into big names that continue to be considered like safe havens, in consequence, in this market we continue to repeat that we haven’t seen clear signs of capitulation.