$S&P;500 UPDATE

$S&P;500; has finally ended the counter trend bounce which got started from OCTOBER lows. It came of from 4,100 the level which we discussed in our last review. Took bit long, but eventually things are falling as we have been expecting.
We have now re,entered the voletile phase again for global financial markets. Volatility is back which was the missing factor since last 45 days. Going forward we would still like to see, S&P; cash to break 3,840 which would open,
Ways for 3,751 and 3,651 in near term and gradually towards the OCTOBER low of 3,491. As I alerted several TIMES in past, OCTOBER low is not the durable low! Going forward markets may materialize that point.
My target had been closer to 3,260 but the way patterns are sub dividing I may have to move that on lower side as we progress further. Yesterday $DJI and NASDAQ have broken their PATTERN supports, so markets seems set to role down broadly.
Even if we see, GOLD and SILVER that too have turned lower ideally should test quarterly lows in few weeks. DXY also have posted an event low at 103.45 going forward it shall hold that and go back to 107.50 in few days. Everything has aligned, let’s watch!