Searching for a Market Low

Looking for a bottom in markets is always a blurry view of the present. As posted here in September, markets seemed to headed to a 20% to 25% correction but whatever the ultimate low move, that low occurring in the first quarter of 2016. The sideways to higher move off the lows would then be tested probably in August. A failure of that test would take the market to the unpleasant territory of a chance of producing a 50% correction from the May 2015 highs in the S&P 500. All markets have a 50% correction at some point in their life cycle. All markets.