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.
"They defended him, verbally and physically, every time he committed one of his criminal acts. They went blithely on past the suffering of all the bombing victims, the prisoners in the concentration camps, and the religious persecutors, because a different regime would have meant the end of their power. 'You made this monster, and as long as things were going well you gave him whatever he wanted. You turned Germany over to this arch-criminal.'”
Friedrich Reck-Malleczewen, 1947