The SPX met the Minute wave [iii] x 1.5 of wave [i]. Obviously Minute [iii] can go higher. I gave two basic squiggle counts within the 2 charts:


But overall, from a bigger picture standpoint, we are looking for the top of Minute [iii] of 3. The next significant corrective wave will either be Minute [iv] of 3 or the higher level 4 of (5).
