what does it mean for the market carter worth joins us. >> let's talk about it investing is a value proposition. the promise of value to be delivered at some point. it's also a confidence proposition. confidence is being shaken there is erosion going on. in terms of technicals what we know -- i don't draw the lines the lines are what they are. and we know that the stocks over the last two and a half years has precisely bounced off of this trend line over and over. on february 9th it plunged there. the defect here is that we are back to the line after bouncing we did not make a new high we have come back to the line. and ever so slightly, we're below. but here's the real story. that's the market. what if i do the equal weight s&p. now we give foot locker and chipotle the same weight as amazon and apple on the equal weight index we have already broken trend. let's do it again. ready? back to the market as we know it market cap weighted, top ten names are 250 25% of the weight.