Mid-Day Count Oct 1 (Update 2)

I was thinking more about the action today, and have a different interpretation. The diagonal from my last post seems very contrived and does not really fit the overall wave character. This is because an ending diagonal is a corrective structure that has an overall impulsive move. ... There is nothing at all corrective about today's action. It is very decidedly down.

I have a new count that counts much more nicely. It still accounts for the fight at 09:50. But it has a much more bearish interpretation.