Wilshire came within points of a new P high. Minute [iv] admittedly looks too shallow and small. So we got to give it another day to see what shakes out. We should be able to identify a decently strong wave (iii) of [v]. I thought today's opening was going to be wave (iii), but it was not able to break resistance just yet in the SPX gap. Hence I labeled it as a Minuette (ii) expanded flat. We'll see what tomorrow's opening brings.
Another option showing the SPX in a more vigorous Minute [iv] corrective count with a move down to SPX 1319 or so. A break under 1313 is bearish. Again, we should know by market open just what it intends to do.