Considering above count as an impulse wave down where at present we are having a zig zag correction into the smaller wave 2 in a triple combination. IF this count is correct then we should have the wave 3 going down in earnest as shown. IN CASE markets cross 18200 in the NEAR TERM, this bearish count is invalidated.
The ending of the impulse wave will mark the end of wave IV and start of a massive upward swing into wave V