I count this move up off the 2,889.50 low made on Thursday as a corrective wave ( b ) up setting up a stage for a drop in wave ( c ) down. That current rally in wave c of ( b ) up may stretch to 2,917 – 2,922.50. Then we can get a drop in wave ( c ) down targeting 2,876-2,873.

This (a)-(b)-(c) down would complete the first leg down in the wave A of ( B ) down. Then we may get another corrective pullback up in wave B up that would be a good setup for a short in expectation of the final bigger decline in wave C down.