Because the S&P 500's move into it's 7-year cycle low was aborted prematurely, the Index now has unfinished business. The market still wants to correct and finish the move into the 7-year cycle low alongside a central bank that is determined to prevent the normal correction.
The end result is likely to be a market that chops sideways, with multiple multiple semi-crashes and miracle rescues that go on for months as the average catches up to price. If I'm right, then we should have another crash in January or early February.
