Market expectations

The Market has come to expect rallies after every large hit;

Feb fooled around a little, and then recovered.

August dropped and recovered


Oct 11th dropped after and recovered

SO WHY NOT NOW ??
just got a rate cut to boot

Why the market wont rally so fast- Because they expect it to.
But thats not the real reason
Support levels are at 1496 spx which was touched
Once broken, then look to 1470 - 1460

Many of my associates have mentioned that level
some are thinkng 1455, but maybe or not.

Best Wisahes
Jay