I believe we are working on the lower degree blue wave C.
it appears lower degree blue wave i is complete and looking for ret for blue wave ii. as long as blue wave ii does not move past the high of the large blue wave b the wave count is valid and would expect to resume the trend to the downside looking for 5 blue waves to complete blue wave C of the for red wave 2.
if all this plays out then we would expect 5 large red waves to the upside.
I DO NO EXPECT RED WAVE 2 TO TAKE OUT THE START OF RED WAVE 1