It is usually the case that wave 3 of an impulse wave marks the lowest (or highest) point on the MACD indicator. This confirms my wave 3 label on the long term chart. You can also see a divergence between waves 3 and wave 5. That is typical behavior. Even though wave 3 occured in Feb (many many months ago) the divergence between 3 and 5 still hold after all these months.