The STI continues to grind upwards. The slow progress is disconcerting. If the meeting between Trump and Xi JinPing reaches a positive outcome, the STI could spurt upwards, making it more characteristic of a Wave iii.
The integrity of the current wave count is still intact. We have to see how next week will turn out.
Addendum on 2 Dec:
I forgot to mention that the current structure has been relabelled. Last week’s chart is reproduced below for reference. It is evident that Subwave ii and Subwave iv are too disproportionate in size, but the wave count is legitimate and does not break any Elliott Wave Principle rule.