MAG7 5Waves down wave A or 1 major rally setup

The chart is mag 7 we are now finishing a clear 5 waves down .this should now be a low and we will see and sharp Abc rally forming most likely back from 50 to 618 of the decline and this should take the sp 500 to a new high as the market is so over sold in most all models . the rally in the sp should be more of a broad market rally . in the late stage of the cycle . best of trades Wavetimer.