Multi-month S&P 500 Correction coming?
An oversold market on the monthly time frame looks ready for a multi-month correction continuing a recent multi-year trend of alternating seasonal corrections, each correction falling further than the previous before finding support at a slower Moving Average, before reversing back upward. This next correction should find support at the 200MA which looks like it will be in conjunction with the upward arcing curvature that has been forming at the 3 previous points of support.