MikeMM

SPX has been following this fractal i laid out in October

Long
SP:SPX   S&P 500 Index
If it is to continue doing so, which I believe it will, then the correction is over, and the bottom is in before 5000.

on the one hour chart we are seeing bullish divergence on the RSI, which has marked prior bottoms.

I wouldn't be surprised if today was bottom.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.