Alright, this is what I get:
In a normal market, and going by todays's close being the bottom of the 3wave down, the NASDAQ should see a rally to at least 1694 and possilbly to as high as 1823.
Then, a 5th wave down would end around 998 or as high as 1258, depending on how high the w4 goes (1694 or 1823, or even higher). This would be in a "normal market".
This is no normal market. I would see the 5th wave down being longer than normal and ending somewhere between 681-822.
Now, something else to keep in mind: A true crash takes away 90% or more of all the gains of a bullmarket. So, 500-600 is a reasonable bottom and where a new bullmarket would start.
All jmho,
df
Edit: I should add: If we don't get that bounce to 1694 or whatever, then I'm totally in the dark and don't have a clue. But, 500-600 would be the bottom.
