Occam's Razor The principle gives precedence to simplicity: of two competing theories, the simpler explanation of an entity is to be preferred. The principle is also expressed as “Entities are not to be multiplied beyond necessity.” For our "Big Picture" purposes, the underlying principle of Occam's Razor is best illustrated in the following charts taken as a whole, strongly suggesting that stock market indices are locked and loaded in a maximum compression series of first and second waves lower going into the last week of June, culminating with a deep dive into mid-July options expiration (July 15th). Time and price are running out for this bear market rally up from June 16-17th lows and a turn down from about these levels and from about next week, being an almost perfect fit for our running, "worse case scenario summer" from all major asset classes: Stocks, Bonds, Real Estate and Crypto. If BTC takes out its $17,500 low from last week, look for a test of $10,000 and a panicked global market across all asset classes.