This count is based on thinking that we've bottomed out already ( which I think we haven't coz of time relationship with EW). But there's one case which can make this count pretty much valid and probable that's if we get rejected from 52-53K region and then hold around golden pocket zone of last impulse from July (marked on chart) and then get range bound in...
Not a big fan of fractals but this seems like repeating as it was in 2019 bull market.
We dumped 62% from top at that time. Also other factors coming in confluence for knowing those check my earlier posts . #NFA
reclaim above 52.5K on higher timeframes will indicate that wave 4 has finished .I also have bullish count for that targeting 80-90K by end of year. but that looks less probable to me . this scenario has high probability in my opinion .#NFA