Primary count is that Minor 2 has topped on the Wilshire5000. Looking for wave (ii) end.
But there is a fourth wave triangle that exists for the top alt count(s):
But the triangle does not exist well on all indexes. For instance the DJIA and certainly the transports have been in their own count.
E-minis shows the persistent support. Sooner or later buyers or sellers will exhaust at this level. There is a case to be made for a break upwards (out of the Wilshire 5000 triangle shown above) but there is no guarantee that the 2011 highs will be taken out.
A move up out of a triangle would be considered a "final" move in the wave count.
Wave labeling color code as follows (note - [brackets] used in lieu of circles for convenience sake) :
Grand Supercycle - BLUE - [I] [II] [III] [IV] [V] - [a] [b] [c] Supercycle - GREEN - (I) (II) (III) (IV) (V) - (a) (b) (c) Cycle - PINK - I II III IV V - a b c Primary - BLACK -      - [A] [B] [C] Intermediate - RED - (1) (2) (3) (4) (5) - (A) (B) (C) Minor - BLUE - 1 2 3 4 5 - A B C Minute - GREEN - [i] [ii][iii] [iv] [v] - [a] [b] [c] Minuette - PINK - (i) (ii)(iii) (iv) (v) - (a) (b) (c) Subminuette - BLACK - i ii iii iv v - a b c Micro - RED -      - [A] [B] [C] Submicro - BLUE - (1) (2) (3) (4) (5) - (A) (B) (C) Miniscule - GREEN - 1 2 3 4 5 - A B C
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