Update

The November low has been reached as expected, this happens at week 17(average for the 20w cycle is 16-18) the previous two were 16 weeks long, there is possible completed pattern, market breadth is oversold but no divergences - possible bottom but not important one.
SPXEW/DJ/NYSE are showing some sort of impulse lower too...there is room for interpretation and say this is the third wave with 4 and 5 to follow. In this case the third wave is extended so the fifth wave will make just sligthly lower low and will not take much time.
This is the situation - it fits with my expectations for 20w low and bounce higher in April. If this is not the 20w low expect it in the first week of April.

I see corrective mess - flat-Xwave-double zig-zag. Alternate this is shomehow ugly impulse with two more shallow waves for 20w low.

From pure technical analysis point of view it looks like H&S - next is the right shoulder and target for the pattern around 6000

Update

Nothing new to add, more of the same mess up and down. I think the indices should be close to 20w low then we should see something higher into the second half of April for 20w high