Well it looks like the base building described in the January update is coming to a close!
There is a likely alternate count, but either way the breakout is coming and is pointing to a September high challenging 2400.
Big picture first
And in more detail we can see the current count. The reason for the alternate count is 2 fold - the depth of the 30 January low, and often 5th waves are pretty vertical!
We should have the breakout late this week / early next week, with a first week May high followed by a retest of the breakout lin a week or so later as shown with the detailed count below.
The Russel, Composite, NYA and Wiltshire have already made new ATH and the DOW and SPX are lagging.