**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.