Bullish (green) and bearish (red) counts for NI225.
Both counts have primary (i) ending in December 1989.
The bull count has wave (ii) ending in October 2008, and has price currently in wave ((5)) of (iii), with ideal target 70438.61.
The bear count has price completing a b-wave with high of 42426.77, looking for c-wave below 6994.90. This c-wave would already have wave ((1)) completed.
The bear count most likely would manifest with a large geopolitical event.