Listen to Jason folks, he has all the answers. Oh wait, no he hasn’t. He has not made one single valid forecast or posted any comment that turned out to be correct. All he does is showing after all these years he has still not even begun to try to learn the EWP. His negative comments say everything about his limited mental capacity and everything about the validity of my work. I challenge you Jason to enlighten us all in where the NDX will be next week, next month and next year. We want precise 100% correct predictions. We’ll wait.
Please read, study, and learn the EWP. It takes time, but it is your responsibility to constantly learn and improve as we are always students of the markets. Do not dismiss that you do not understand, but see it as a challenge to master a new subject.
As stated: "should the index drop below $4270 and especially $4230, the market has most likely begun the next leg lower of the Bear market to ~$2800+/-100."
Good question! I am not aware of such a scenario at this stage. If i see it i will eventually share it. But for now the index continues to move along, rather well i must say, the preferred ultimately Bearish path. Prepare for the worst, hope for the best!