Today's rally blows up the short term flat count presented in the weekend update. However, since the Mar 7 top the moves have been of 3 wave form in both directions, so until an impulse is generated the odds are that a corrective process is still underway. That correction is looking more and more like a diagonal of some sort. Here's a couple of ideas.
Alternate #1
Alternate #2
The long term count underlying the 2nd alternate is one last presented in January:
Both the short term diagonal counts are invalidated if prices continue the uptrend of the last two days and move above the Mar 21 top at 1876.75.
