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it is the 20th of March 2023 my name is David Hixson and in todays market update were going to be taking a look at the S P 500 and gold and also Bitcoin the subject or theme of todays video has to do with the way in which markets are affected by news events and how those news events can distort Cycles in terms of the ways in which those Cycles influence the markets that we are looking at it is something that has been very prevalent in recent Market action so lets start by taking a look at the S P 500 and this is of course the analysis weve been tracking in these videos for many many months Im not going to repeat everything and go all the way back to the longer term picture and if you havent seen recent market update videos I would encourage you to go back and take a look at those videos so that you understand the context of each of these analyzes so the important thing about this analysis as you will know is that the trough in the middle of October was of at least 20 week magnet