The 2013 bubble (top) popped with an 87% correction.
The 2017 bubble (bottom) popped with an 84% correction.
If history repeats, we can expect 2019 to be a long anemic flat period, comparable to 2015.
My best guess is that the 100 and 200 day moving averages will need to go flat for some time before we can see a recovery.
Here are some famous BEAR calls that have been qualified as "news manipulation".
The only thing that appears clearly to me is that all these predictions were made when the market was **already** falling.
Market seems to have left downwards channel but doesn't fully embrace upwards pitchfork either.
Expecting a range with probable triangle formation inducing low volatility until the end of the week.
Expecting breakout of triangle during week-end.
Potential long term Elliott counts showing where correction may start.
My preferred count / reversal point would be Cyan 3.
I would guess a part of the market is looking at Yellow 5, but I find yellow 4 unconvincing (looks too small of a correction to me).