Today's mess, when stepping back, counts like a big expanded flat. I think we are still in Wave 2 with a little more upside to go.
The key here is still the lower low on the Dow. It counts well as a Wave B overshoot (down) for the flat, but *CANNOT* support the bullish case for the up direction (2 can never go past the start of 1).
Here are the counts on the SPX