As Axl Rose said, "Where do we go from here"?

If we look at the continued anemic volume of this Bull rally one could reasonably believe the upside here is limited. That's not withstanding the possibility of a higher BLOWOFF top than Friday's action.
So I started thinking about "TYPICAL" actions and possible levels going forward....
What better way than looking at previous "BOTTOMS" and there subsequent moves than with Elliot Wave theory. Note that I removed the 1932-1933 numbers because they skewed the averages with moves of 40%-50%.

By taking the averages it could look something like the chart below:

There is only one problem with this.....

Take a look at the percentage move off the current bottom....31.3% in relation to the other First moves....

Nonetheless nothing ever goes straight up or straight down........