Based upon more recent price action, a is being traced out, which may result in Wave B of IV achieving sub-critical levels, if the pattern holds. Sadly, this point B of IV and the result in a lower termination than the least shallow alternative, the Barrier Triangle, needs to play out. For a Barrier Triangle to form, a more rapid ascent to climb above Wave (A) of A of IV, above the 2800 level, is required.
Similarly, for a Flat to form, a more rapid ascent to near the old high at 2980, needs to quickly initiate and break out of the before normal termination (points (d) and (e)) and below the 2800 level. The probability is falling quickly.
All of this is pointing to the possibility of a , or another variety of triangle to form, for the final leg of the correction, Wave of C of IV.
Wave (4) in 3 seems to invade price territory of wave (1).
(5 cannot be lower than 4 of course ;-) )
Revised count of W III waves W II thru W1 & 2 of III
Here's the rest of W III from the end of W1 & 2, with sub counts for motive W 3 & 5.