Major US equities are very obviously coiling for a move. Which direction they will break cannot be determined yet. But the longer they coil, the stronger the subsequent move will be.
No doubt it has to do with the Fed's plans for liquidity.
"We cannot expect that all nations will adopt like systems — for conformity is the jailer of freedom, and the enemy of growth. But however close we sometimes seem to that dark and final abyss, let no man of peace and freedom despair. For he does not stand alone. If we all can persevere, if we look beyond our own shores and ambitions, then surely the age will dawn in which the strong are just and the weak secure and the peace preserved."
John F Kennedy, Address to U.N., September 25, 1961