Until the Federal reserve reverses the tightening policy the...

Until the Federal reserve reverses the tightening policy the market will continue in a trading range. Short term rallies followed by sell offs. Once inflation is brought into fed's goals, then the fed will ease up on fed funds rate and the stock market will go into a huge bull market again. An old stock market axiom is "Don't fight the Fed". Nobody can predict the bottom. Fed policy for the next year or so is determined to bring inflation under control. Incremental fed funds rate increases equals tight money policy and down trending stock market.