Somewhere near our current region, we should finish the C wave down (whethere it is QQQ 420 or 400 is not relevant). This will complete the first A-B-C move from Feb 19th's high. After that, we should see a good bounce
- Now, how this bounce behave will "determine the next 2 years of stock market". If we have a weak bounce and then come back again, oh, boy, we will see a 2-3 years major bear market and SPX will eventually go to 3800 or lower.
- If however, we can have a strong bounce, we maybe able to put this behind us
Note that, the "bounce" I am talking about is a multi-months effort, so, market will be up and down for quite some time.
