So if you notice the rectangles earlier in the month, it was mostly rectangular boxed drops. Then it moved on to rectangular boxed drops and vicious rally's, circled in green. We've getting a little bull, bear tussle until the fed ultimately confirms to the market it's desired direction, but down we went the entire 1 month period. Should be interesting the watch what happens if the fed sticks to the plan and continues to call for balance sheet run off in June. I would think the market would start to throw a tantrum in rather short order. Using a poker analogy the fed has bluffed and May 4th is the turn. Balance sheet run-off in June would be the river card IMO and just sticking to that call might lead to a disorderly market move in May, before June even shows up. Food for thought.