I want to preface this by saying this is somewhat of a dark horse. The leg from 2,8-3,2 was anything but clean. We should have seen 5 waves after B and at least tagged the 618 of A, but that was not the case. While it is possible to force 5 waves into the structure, it is often better to think outside the box as to not miss major moves in the future. Do not base trades on this count, it is just something to keep an eye on. The wxyxz wave 2 is not my favorite and I believe it is most likely a 5 count A wave (or wave 2 for the bears). There are some reasons to believe a local bottom is in though due to the bounce right of the yearly pivot as well as tons of buying at close. Additionally, 4h has reset and we are currently seeing bullish signals on 1h, but the weekly candle is pretty gross. Pressure is on the bulls to make something happen now. Good luck