Here is my main reason, aside from stocks above 50 dma at an extreme low, a couple of p/c equity readings right below 1 last week, and an NQ 3/16 gap close.
Now of course the market will prove me wrong (...), but I'm willing to ride this one out. So be it. My main premise is that this is not 2008 and we are still in a bull market. So for this type of selling/negativity to reward bears down here would be a very low odds play. I'm okay with being on the other side of this now.