Lots of short term intraday options for our squiggle counts. But no matter if the market bounces hard or not - and the wave count certainly can account for a hard bounce - the premise is that prices are now in a wave (iiii) down.
Perhaps a backtest of broken support (horizontal line) is forthcoming.
If that were to occur, and a failure to regain support, then expect a solid wave iii of (iii) selloff point to come. Thats the primary count.