I think this small triangle within the larger triangle is a head fake. I also think this B wave in the triangle is a headfake. I think this correction wants to become very complex and extend sideways
Still building off the count from my last series of posts (EOD Count Sept 17, Mid-Day Count Sept 17 and EOD Count Sept 16). I think we are in the middle of Minute 4 now.
I am showing below on the SPX chart both the triangle and the flat options counts, but I believe we are in a triangle right now. You can see this in more detail on the second chart below of the NDX. Incidentally, I was calling for Minute 4 (Orange) to be a triangle on Friday of last week (Mid-day Count, Sept 11). And so far it is looking like it is panning out.