Market Outlook - Two Possibilities

I think we are at a very significant point in our markets...Its do or die...I am looking at 2 distinct possibilities here..At this point both look equally likely even though my gut feel says its going to be the first one...I also prefer this one since it is going to throw up some significant longer term investment opportunities...

Okay first one below...I have drawn a possible path for this one to take if this is the count playing out...This says the Big C down is running now and we are somewhere in wave 3 of C. This should complete somewhere above 4200 and give a bounceback to 4500/4600....And then the finale till 4000 tgt1 , 3600 tgt2, 3300 tgt3. If we do this and go below 4000, I will say slowly start deploying long term investment funds.

Possibility 2 here...What this is saying is that we have a 4th wave ABCDE going on...Or a triangle consolidation....This says we cannot go below 4400...If it does, this one goes out of the window.
This is obviously the more bullish scenario.

Now both possibilities say short term we are going to bounce back a bit....4400 is key...Watch it.

Some factors are telling me a lot of players are expecting 4440 area to hold....But will the market oblige? Remember - The majority is usually wrong! :)

Best.