TSE the two most obvious alternatives, for the moment.

TSE Jan 13 2010

TSE Jan13 2010 #2

It has never been entirely clear to me if the rebound from the lows was in fact a simple A-B-C structure or an A-X-C . The former subdivides is two 5-waves patterns with an intermission in the middle, the latter is in fact twice that  but the same size, a-b-c X a-b-c.  The difference is immaterial for those that are not overly interested in per se.

In any event the outlook in both  scenarios is about the same, top already in or at about 12100+, time of arrival late Jan. early Feb, or top in just 2 days ago.