For those that like the Buffett indicator, that is, the market cap w.r.t GDP ratio.
Using FRED time series data, it bounced off 200%.
Figure 1: Buffett metric
You can see here the pivot into commodities began just before the peak on the Buffett metric.
Figure 2: SPGSCI/SPX ratio and Buffett metric
Still want to hodl equities?
Get popcorn for the deep blood red board for days and weeks and months televised.