Where the "market" goes from here seems dependent more on the laws, policies and the actions of the federal reserve.
By shrinking or expanding the money supply, the feds control the markets. This is becoming more evident than ever as the need for intervention is becoming more urgent and swift. Take the recent dip in the market late February of 2018. It seemed that the feds have quickly came to the rescue by buying more debt despite their "ploicy" of selling debt. The following articles suggest that the feds have practically started printing money again, although this time on demand.
Is The Fed Printing Money Again – Already
Is The Fed Back To "Quantitative Easing"
http://fidweek.econoday.com/byshoweventfull.asp?fid=485477&cust=mam&lid=0
The feds have been cutting interest rates for the last 3 meetings. From Dec 2018 where the FEDs were saying we are not close to normal, implying that we are raising rates, her we are at the end of October of 2019 with 3 rate cuts and REPO operations.
The system is getting more fragile. And in response to Powell most recent speech, here is this wonderful article.
https://wallstreetonparade.com/2019/11/fed-loans-these-charts-holds-a-big-clue-to-the-liquidity-squeeze-on-wall-street/
There is some serious concerns about JPMorgan Chase, Citigroup, Goldman Sachs, Bank of America and Morgan Stanley.
And as far as the market moving, one can take a look at this image
https://pbs.twimg.com/media/EIYTdUlW4AET5Kp?format=jpg&name=900×900
I wish I knew the source of the article though.