The premarket high did not hold. From the early morning high, there appears to be a pretty decent 5 wave pattern down after a 5 wave pattern to the pre-market high.
Well this small segment since the 1300 low has about reached its limit for usefulness. It still works nicely as labeled here.
Fib 13 days, Fib 55 points in height.
And the proposed move since the 1202 SPX low. All in all its a pretty lumpy looking rally.