**there will not be any crash – not this month and
not next month either.
this month will be choppy and next month the market
may see a sizeable
decline to test the november lows but that will be it.**
Continued chop in February and a retest of November lows in
March? I’m intrigued as to why.
Traditional tech analysts would say we have a classic
Edwards/Magee triangle and once the triangle breaks there will be a very
directional measured move….not chop. EWavers might say the below is
not a triangle by EW definition, but if it is a 4th wave triangle by
EW definition, then the next move would be a substantial drop. The
triangles are similar in all indices. Below are QQQQs (see the red
lines).
And March? Charles Nenner and Martin Armstrong both
forecast a mid March HIGH before a resumption of the secular bear. How do
you arrive at a March test of the November lows? And how do you get the
November lows will be all there is? Are you saying your March test will
end the secular bear market?
I couldn’t open your attachments, maybe they were intended
to provide rationale. Any rationale would be appreciated.