This page shows the preferred big picture count for the S&P500. Please refer to the wave-labeling page to see which degree waves each is. This page will be updated about once a month. Please refer to the “SPX current detailed count” page for the more detailed count over the past year.
Last updated May 13, 2019
Regardless of wave-degree price should eventually seek the 38.2% retrace at around SPX2100 before rallying long-term again. Very big-picture wise the stock markets are IMHO wrapping up the last 4th and 5th waves off the 1933 lows and since the start of the NYSE in 1792.