I can count 5 waves down from the 2186 high in the COMPX:
The rally late yesterday/today brings us right into the previous wave 4, and about a 50% retracement of the entire decline.
Remember we had a triple top at 2186 (the high), and then
Six attempts to break thru 2172 (wave 2) in three hours.
I see 4 attempts already to break thru 2162, between 10:15 and 10:45, this morning. It’s FED day so it should be interesting.