Indeed, I'm fairly certain that's an ABC. At least I've counted it as one since bottom successfully (with us currently being near the top of C if my count is correct, but it may somehow overextend to complete a triangle wave; see below).



I'm not sure how it fits in with the bigger picture though. At first I figured it was corrective to the preceding impulse, meaning as soon as it is complete we resume the downtrend since $250 top, imo probably to form a 5th wave of some degree since we seemed to lack a 5 when we entered correction.

However I recently noticed this potential triangle which, if valid, would suggest that the ABC is just a triangle subwave, possibly even half a wave ((a) of C) unless c extends to hit upper trendline. It would also mean top of current correction will likely be followed by 2 more corrective waves (D and E). Further the presence of a triangle here would afaik  seem to confirm the downtrend from $300 top being an A, and I think a successful downwards break and C-wave would probably invalidate the triangle count(s) posted by chessnut earlier (unless the hypothetical coming (C) turns out to be extremely underextended).



But I don't even know if it's valid heh, just a thought. Would love some feedback from the resident EW experts =)