There were a few small waves lower since the last update, but the view has not changed. The market is very oversold and should continue rebounding off the low reached Friday.
A move higher than the 61.8% retracement level of C of (Z) will be a bullish development suggesting thatat worst an impulse down since the second October high has completed. This is the second alternate count however with a double zigzag down from that level a much more appealing option.
A zigzag higher following Friday's low is possible and would make the most sense if a new bear market is underway. But again the market is quite oversold and the current downtrend will not continue forever.
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