see chart. Lots to support this, just posting IMO, FYI. 17300 could be next support to test, earnings can't hide the facts anymore, they are showing the truth, only so much you can hide, manufacture numbers, buy backs effects on eps, etc. If companies were that strong, and growth and future outlooks were strong, they would be hiring NEW EMPLOYEES IN NEW POSITIONS TO MEET THE ANTICIPATED DEMAND, not just renaming existing jobs. And red box below that could be the unexpected short term panic sell, possible to 16250. Then? 200 Day MA?