The wave count remains unchanged since the last update. The best guess of tomorrow's action will be a spike lower opening that will probably not be followed by much selling if any, then a rally for the rest of the day.
The amount of possible short-term options since the last all-time high have been reduced due to recent price action. The best option is an impulse lower that will complete tomorrow. Because of a lack or proportionality, a zigzag terminating at this time is a weaker option than the Alternate' wave count above which calls for a more complex impulse wave winding down.
The alternate count would probably look better with a lower price low by dozens of points. This works well with the intermediate options mentioned above. An impulse lower since the last all-time high should be followed by a corrective wave.
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