I was trying to figure out this sideways move we have made over the last month. I think this could be a Triangle correction pattern. This would fit with the larger wave count and would complete Wave 2 up. That would mean Wave 3 down could be starting next week. I am waiting until we break below the purple line as confirmation before adding to my short (RWM) position.
Trade closed: stop reached:
The move above 146 invalidated the pattern. Still bearish but see tech as the most overvalued and a better risk/reward.