Again porter, there is no requirement of a severe decline after an ABC if that ABC is just the first part of a march larger correction.
In any event your wave '2' (my wave 'B') counts as a wedge/triangle in tech and the SPX, triangles never apppear in the '2' position. They are 'B's, 4's, and X's. Do you realize with your count that you are calling the bear market complete and now we head to new highs? No way I buy that at this point.