VALUG - Value Line (geometric) 2 counts

So here's the question...... Are we just observing a series of very bullish 1-2, 1-2's to be followed by a booming wave 3 or was the move up from 2009 a B wave as part of a deeper flat correction (expanded or running , could be either)? One thing is for sure, where we are now with that line of major resistance, certainly makes for a make or break situation in the coming weeks and months. Interesting times.