With the lack of real impulsive downside movement, the trend remains up and the risk that 1148.90 wasn't the end of 5 waves up from the August low played out. Here's a count showing 5 waves into today's high:
SPX 1 min - 5 waves up from August lows complete?:
However, until something impulsive happens to the downside, this can just continue grinding up. A 5 wave move that takes out the low I've labelled as wave [4] of v at 1143.73 would be a start.
