I have near zero knowledge of this market and can tell you, your prediction is unwarranted. The first tooth in the zigzag pattern is made up to be consistent with the two following teeth. It is not consistent with the actual data. What remains is the two teeth. Your prediction amounts to "it went up a bit, down a bit more, then up a little bit less, therefore a crash will happen". I will eat my words if it goes down to 200, as you predict.