Thanks for asking, EW! The only way to get a handle on a realistic perspective is via the (1M).

For those who don't know what we're talking about - by (1M), I am referring to using a 1-Month bar chart with which to share my analysis of the current wave in progress.

Here is what it's looking like to me...

...Quite similar to one of your long-view interpretations if I'm not mistaken.

At this juncture in my life, evaluating time-frames any smaller than this
simply invite a level of noise and confusion that I'd much rather avoid.