I like this option better so I cleaned up the labels a bit. The alternate rest in what type of tri plays out here. keep in mind that waves w and x red can also be part of a larger triangle.
10:50 AM Update
This supports the option1 count. Notice the "or" labels. I shifted blue 3 to the left and everything else is blue 4. Perfect alternation with blue 2 down below which was sharp now 4 blue sideways.Pre Market
Keeping it simple.
Looks like ES may need one more wave up but it is also possible the fifth is in if looking at the squiggles.
The dollar is in corrective mode since it appears five waves up have been completed.
