“Bears want to hold the 4016 high, bulls want to hold the 1/A low. Keep in mind that the most bearish count here is exceedingly bearish, because if blue 1/A is (indeed the) 1 (down) …… then the market is at the beginning of a nested third wave decline that’s likely to become the most significant and rapid sell-off this bear market has yet seen. Third waves are often “crash” waves.”

http://www.pretzelcharts.com/2023/01/spx-update-its-finally-decision-time.html

My own work sees a major inflection point here, between a large degree 3rd wave waterfall decline (as noted above)and a lower degree “melt up” coming soon into a major reaction high — the final c wave that ends the B wave I’ve been describing for weeks now. Ie, no man’s land for me ATM, pending the curtain pull.