The market shows bearish sentiment across indices like SPX and Nasdaq, with potential for further downside. The US Dollar Index shows signs of potential weakening despite finding some support. The 2-year and 10-year Treasury yields have also shown weakness. Gold futures are in a downtrend, but a potential ABC D pattern could lead to a bounce. Silver futures are consolidating after a strong rally, and the monthly chart shows a potential double top formation. The analyst is cautiously observing the price action for further confirmation of trends.