NVIDIA - the recession has just began?

Well it is my theory based in a few indicators that we are in a small recession which just has started and will continue for several weeks to months. And will the bring whole market even further down. And this time the American market will be punished while the European market will be a buy for me. So I corrected my Nvidia analysis its not anymore a small retracement for me but a large retracement which will bring some great buying opportunities but later.