nifty analysis

I think I have finally figured out what is happening to the markets after much Deliberation with myself. I thought and thought and thought as to what the hell was happening in the market, and considering I have SUDDENLY have so many FOLLOWERS, it got me even more nervous.
1. Notice how I have removed the "" 5 "" Top and labelled it with a ""C"" instead, followed by a ""D"" ( in brackets), which Means it was basically a....... XABCD wave.
2. This was followed by a 1234567 ( marked in light blue colour)waves down @ and now currently a BULLISH wave to the FINAL TOP.
3. However, upto 1234 there are 4 clear waves , but 5 and 6 have subdivided and 7 down forms the ""Y"" axis.
4. The area in the Red Circle is the ONLY CONFUSION currently, since I believe that waves 5 and 6 should have been full waves instead of sub divided waves, which makes me believe that ONLY 1 possibility exists. IF wave 5 and 6 are to form FULL WAVES just as 1234 did, and what is THAT POSSIBILITY??????
THIS
1. Instead of 7 waves down , we have 5 waves currently, marked 1234 and Y, this makes 5 waves down. Now this Move UP from Y axis MAY be wave 6, and a wave 7 down will follow..... should this play out, we will then get 7 clear waves to the downside, that would then complete the """ Y""" axis. This would then leave us with ONLY 1 wave up to complete the ""X"" TOP, and finally the ""Z"" down to create all the HAVOC.
I will post the BNS and the BNF and NF charts in the evening as there is very little time to MARK everything