Today we have FOMC FED announcement! This is likely going to create volatility in the market.
If we measure the how long it takes for a market to reach bottom we can see that the average time after the first FED cut is 9 months.
From previous post we saw that the first RAISE was in 11 May 2022. Now if the FED pauses or cuts rates will start our timing of the average of 9 months