It's going down further. Probably sub 20k dow. They are fighting inflation. The bull whip affect is now closing with retailers. Many orders from China are being canceled. China is having It's own multiple crisis(real estate, banking, water, food, demographic, jobs) which they will probably get people to ignore by attacking Taiwan. Retirement plans are being liquidated to fuel guarantees. https://www.cnbc.com/2022/10/06/bank-of-england-says-pension-funds-were-hours-from-disaster-before-it-intervened.html With the stock market going down. The 401k and pensions in America will be the same as England. Track Illinois, New Jersey, California, and New York for the initial collapse pensions. Housing market will dip down big time as margin calls hit many investors.