Here are my interpretation:
It seems that IV) of V] of the supercicle, that started in 1932, is developing, that means we are in a bear market since 2018.
I don't think we have finalized the corrective wave, beacuse it would finish in the area of the FOUR of minor grade (between 14000 and 6500).
We have an ABC flat that started in January 2018 and finished...