market is falling now, MMs got some cheap shares of PUT and get ready for tomorrow QQQQ May 2009 34.0000 put (QAVQH) #msg-37327557 . . . . . . . . . . . . . . . . . . FAZ May 2009 7.5000 call (FAYEU) #msg-37406037
One more problem: in your count big wave 4 penetrated the territory of big wave 1. One might consider that it made a zigzag, which needs further dissection.