1-2 1-2 in place? For spx and Dow

All the indices are setting up the same way… just looking at the Dow jones June futures for now though. What may be developing is a 1-2 1-2. The only thing that would invalidate this count would be a push above 16384. ( main count)

The second count is this very well could be the up leg of a wave 4 flat and we have ABC down followed by an ABC up to end around the 16427 area then a 5 wave move down. (For now this is looking like a  1-2 1-2 is in play…). 

Small position short at 16325