Update from falling wedge idea. ONE MORE flushout low is likely IMO, lower arrow. Will complete 5-EW down, far below 200 DMA.
ANY positives going forward will be an excuse to breakout. Retest of wedge TL at upper arrow will confirm. Bullish impulse may follow.
BE WARY: Entry into WW III, worsening conflict in Europe, invasion of NATO member nations will invalidate these counts!