Nice chart - I have a different count than you though. Per my read, your intermediate wave 1 is actually a 3, and your 2, a 4. From there I agree with you. Wave 1 has finished, and we are about to end wave 2 (of 5). IF my count is correct, we are close to the end of the bear market, though the next few days may be brutal for those who haven't sold yet. Waves 3 - 5 may take us down to 64 or lower.