Missed this Wolfe in the morning. Got caught up in the chop today and my broker made more money than I did. Yeah, one of those days!
Don't go by the counts the chart. I am not sure the last leg down is correctly marked. It looks correct as an ABC move down but more likely, it is an impulse down as corroborated by the Fib extensions at 3 (161.8) and 5 (200) of 1 (marked A in the chart).