NASDAQ what if: 12,000 next year then 2 years later 5,500???

Updated
I did this for fun. All notes are on the chart. It requires that you believe in Elliott wave theory and that markets will eventually reset to the mean.

If you look at crashes like the great depression, dot com bubble, housing market, then it is a lot more plausible than you think. People during those times never thought the party was going to end, until it did.

Clicking the zoom in (+) button and panning around may make it easier to view.
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Randomly came across this article today.
seekingalpha.com/amp/article/4356558-how-much-bull-nasdaq-left
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