There is certainly enough ambiguity and enough waves for one to count the move down as corrective or impulsive.
The first credible impulse to the upside starts right at the 3:30 PM mark on the 1-Min chart, and we closed at what may be an abc correction.
Mr Market has decided to keep traders on notice for what may or may not happen on the weekend. The trend line held, just to keep every one guessing.
@ 1 PM
DAX paints an interesting picture once again. A 5-wave impulse to the downside. Followed by a bounce that looks like an a and b, with c yet to come.
Very similar to SPX.
Also a 7-wave correction for Minute 4 remains a close alternate. Though it still has the problem of DOW making a higher high on Sep 1, and the move down, at least on the DOW, looks like an abc instead of an impulse.
@ 12 Noon
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