The short term picture hasn't cleared up. My best assumtion of the micro count is, that a double zig-zag is building. The first zig-zag went from 129.64 to 134.36 followed by a wedge shaped 'X' wave down to 131.36 and we have now seen wave A up in the second zig-zag. The rally from 131.36 to 134.98 is clearly a five wave rally, which calls for an minor a-b-c correction followed by a new five wave rally, which should at least reach the 136.06 - 136.37 area, where c=a at 136.06 and at 136.37 the second zig-zag will equal the first zig-zag in length.