Niffy 50 ABC UP world markets BREAKING DOWN SOON

The chart posted is that of the niffy 50 .I post months back of the blowoff to outside the long term channel and that A major top based on EW as well this rule on PCT outside the bands and channel called for a major decline .Since then I showed a clear 5 wave down ending wave 1 or A and now we have have what looks to be the ending of the ABC rally back into fib targets . What next we should start to see a rolling over and new DOWN leg to much lower levels . in a wave 3 or C .