I just don't know now if the sideways action is still a triangle or a one. Both are possibles. Corrections are complex patterns.
As long 166 holds, the current labeling holds with a rally in the cards pretty soon.
As long 164 holds the triangle is still unfolding, just taking its time. That would be wave C and more sideways action will be needed before take off.
But if we breach 164 then it is a triangle that should push prices lower towards 158.