PB, you nailed it: when the experts can't count the waves, what hope is there.
But this amateur, me, agrees with your count.
A down (March last year), B up (April this year or still to come), then C down which is either happening or hasn't happened yet.
It's the magnitude of C down which is hard to swallow.
If it exceeds B up, we're in for a turgid time indeed.
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