[FAZ] update

At the backlink I was modeling the bottom for FAZ being in but it was really just tracing out a 4th wave HT (green 4 below).  I'm not really sure where we are in the current count below but it does seem like we are well into 5 of 5.

The month of June is shaping up to be ugly for stocks IMO. I know a lot of people are wondering if the markets will last until the month of Sept or Oct when so many historic crashes have begun under the gloom of late fall and early winter.   I just don't currently see how this chart will be able to stretch out that long.