There are a multitude of “problems” with this particular count. To mention but one, wave 1 of 1 seems to be non-existent. In any event this count overall is not unreasonable. If correct one more low should be made down the road. This is also what we suggested about a month ago repeated below;
We have managed to get to about 6000 so far, but not the “ideal” level of about 5500 or lower. On the other hand, the drop from 16000 to 6000 is a nice Fibo 60%. If one inserts a wedge (diagonal) for all of wave C, 6000 could be it.