We must Never Forget the lives we have lost in NY, Pentagon, and Flight 93 in PA.
Apologies for not providing recent updates. I have cleaned up the chart to highlight the best count at the moment. The previous bull counts were invalidated.
I think this is a decent interpretation if the move off the July high has been one large corrective consolidation pattern. Wave (C) ends as an expanding diagonal. If the sub-wave count is correct, wave (5) for (C) should be expected.
The next best alternate is a triangle consolidation pattern. I don't have the trendlines drawn in but I think you can figure this out using the rising green trendline as the bottom of the triangle.
I do see another possible count for wave (C) that would be more bearish. This count has this expanding diagonal only as wave 1 of (C), with a larger five wave impulse down breaking below wave (A). I won't go there yet unless the wave (A) low is taken out. Just putting that on the radar in the event the market flushes after the Fed pivots.
