These charts show just how painful the market implosion has been. The S&P 500 peaked at 6,144 on February 19, putting the bear market "line in the sand" for the benchmark index at about 4,915.

Chart 1. A look at the S&P 500 over the last ... we will probably test the bear market (-20%) line at least once, then bounce back up for a few days before we test the bear market line again.

The S&P 500 peaked at 6,144 on February 19, putting the bear market "line in the sand" for the benchmark index at about 4,915. The S&P 500 declined 4.7% at its intraday low on Monday, falling to ...