Markets extreme is here Healthy correction or collapse ?

MARKETS TECHNICAL ANALYSIS

Are we in the beginnings of a downward wave, or do we continue to gallop forward and conquer new highs, or is it just a slight blow to the wing and the flight to Mars will continue ...

I don't want to confuse your brain too much, so I'll focus on the graphs - just before those who haven't seen or read the previous post: 2020 Recession Or Records In The Markets ? - I recommend reading because there are a number of essential things that are very relevant to this review

"“A scenario that I think will happen in the markets
in my opinion, there is still where to go in the coming month into February
NASDAQ to the 9100 area
SP 500 to area 3320
Dow Jones to the 29130 area
From there, there may be an examination of the levels I have listed above - if they will be supported then Moving up will continue - for example, the NASDAQ index
if not then expect to see NASDAQ test again 6800 points “

What we will have in the markets this time:

1. lite trend correction

2. Healthy and deep correction

3.collapse

We can see that we have reached a place where extreme is, Which is why I am quite adamant we will see a correction here

MARKETS ANALYSIS

Technically the situation is like that
SP 500: Breaking area 3213-3224 will lead to a 3140 level exam if it doesn't hold then a drop to the expected 3040-60 area