It's possible that the top of wave 3 was reached yesterday, now wave 4 of sub-minuette degree.
Alternate scenario; SPX has completed the 2°Alt:5 and the Alt:[3] (less likely the Alt:[c] ), so this down move has a minuette degree.
In any case, the uptrend is yet underway.
Have a great trading day ... with care!
ElwaveSurfer
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