We are forming a leading diagonal, this could be an A wave or part of wave 1 of an impulse. At this point, I'm going with A A wave because of the sheer size of it. Diagonals can extend and overshoot their trendline. Some basic Fib measurements for wave 5 give 2170 for .618 target and ~1910 for 1.0 target. This is a real possibility. I will be following Oil for confirmation