I have that count as well. I am not completely convinced that the TL break is so significant that it signals the end of the bear market. Path of least resistance is definitely up, but how far? We also broke what was similarly (at the time) believed to be a strong TL in May-June 2014. That turned out to be just a counter trend rally to the larger bear trend. I can easily see a rally coming from this break, but until there is more data, I am not yet ready to say "This is it!" The over-all time is too short for a historical 2 but it is just about right for a smaller 4 of (3). The latter is the only scenario that I can say expect new ATH's before lower lows than we have already seen. Otherwise, we are in a larger B or worse, this is just another false break for a wave-2/B on our way to LL's sooner than later. Time will tell.
This is the complete history and time overlayed. So far, the time is perfect for a wave-A to the 152 low, and we are well on our way toward the B.
That triple can make a wave A. Similarly to how a triangle is considered a "3" in a flat, a triple is made up entirely of 3's so it would also be allowed as either a zigzag A or a flat A. In my linked chart above, I have (b) of B as complete and we are in the i of 3 (like you have outlined in your chart) of C. Not sure that $700 is required, but it is a possibility. This is that larger B. http://i.imgur.com/FjeUXU5.png. It all fits until it's invalid :P so as I said before, time will tell.