$NFLX Bear Scenario

In the event we do enter a bear market, which I believe to be highly likely, this is how I see NFLX playing out over the next several months. According to my count, NFLX has completed its 2nd impulse wave down & is now in a corrective 4th wave back up before hitting resistance at the 382 fib line & the top of its downward channel(red). Invalidated if the channel is broken, but will be shorting at the $330 range.