The markets want to see what msft has to say.
I suspect a range till then, but the fact that indecisiveness is in the air leads me to believe that a further drop is in the works this week. Unless msft comes in beating earnings, a given really, and then plays into the whole "proceeding cautiously" mantra (another given).... followed by (another overplayed but well-hyped useless metric that will be milked by the financial press for all its worth----TSLA) on Thursday.....
I think by this time next week, the S&P will be lower. Between then and now.... trade what you see.
That said... 2023 is gonna be down year.
95% sure.