Your count is wrong, since wave 4 and 1 overlap.
@Anonymous,There are theories that say a 10-15% overlap is allowed...If you email me at email@example.com I will send you the PDF...SINGER
What's your projection for the top of wave 5? I'm a little confused because wave3 is so much longer than 1. Are you expecting a wave5 extension? In the copy of Wave Principle I have (Frost and Prechter) it states when concerning commodities wave5 is usually the largest