Market is bouncing back, everything looks green again.
But, it's possible that we have the fifth wave ahead. Looking at last three years, there were always another recession in March (getting ready for taxes?)
And here it is. Now get ready for correction waves. I assume each wave (ABC) should take around 1-2 weeks. Yeah Feb won't be much friendly.
@JMLoureiro, You are right, but the length is not defined by distance in Elliott, rather I use Fibonacci levels (3rd wave passes three levels while 1st passed only one)
Maybe I've exaggerated the 5th wave destination a bit.