See linked previous postings below for background information
Assuming wave "e" of triangular 4th wave peaked at 1968.4. Clear motive wave structure has developed so far down to 1940.6 . A 1st wave could be counted as complete here. From this level, there could be a rally to partially retrace back up (a 2nd wave), then a staggered resumption of an impulsive decline toward 1840 or lower, based on the 4th wave triangle's thrust measurement.
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AynCzubas
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AynCzubas
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It could be that the "e" wave of the 4th wave triangle is itself also a triangle, and its component "e" wave likewise a triangle, and so on, ad infinitum (to the extent there is no more wiggle room and the downward thrust will be forced to commence), which is not uncommon. If so, its own post-triangle thrust measurement based on its present parameters would imply the initial thrust below the lower boundary of the 4th wave triangle near 1901 to begin the greater downward thrust.
AynCzubas
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If the "e" is also a triangle, then taking the end of wave "e" as 1960, the post-triangle thrust for wave 5 should end below the 1833.5 low of wave 3, which is appropriate for a 5th wave.