The bearish wave count that I've been posting about is still valid. We came close to invalidating it yesterday, but never quite got there. Prices hit a high of $4122.70 but never reached $4125.99.
It looks as though minuette wave (iv) is now complete and we're ready to start back to the downside. Looking at small degree waves, there were 5 waves down from the high last night.
If prices break $4125.99, this wave count will be invalidated.