Minute [iv] of Minor 5 of Intermediate (C) is the primary count. Minute [iv] can take the form of a triangle, flat, zigzag or combination. There is not yet enough information to determine which form. Today may have been an (a) of [iv] low or only an a of (a) of [iv]. Only time will tell. Ideally though, the market would remain above 1330 or close to it (the previous subwave (iv) low).