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today is the 30th of may 2022 it is memorial day in the united states and so if you are in the u.s i hope that you are enjoying a peaceful and relaxed memorial day markets in the u.s are closed or have limited trading hours but they are trading in the rest of the world as normal my name is david hickson and in todayamp;#39;s market update weamp;#39;re going to be taking a look at the s p 500 and the nasdaq because both those markets in fact stock markets around the world have formed an important trough and weamp;#39;re going to be talking about what that trough is and discussing what we expect to happen next so here is the analysis that iamp;#39;ve been presenting recently for the s p 500 iamp;#39;m actually using data from yahoo finance for the es futures contract but it is the same cycle analysis of course and here is the very important trough in march of 2020 which recently iamp;#39;ve referred to as the pandemic trough because it is just possible that the pandemic caused a li
