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 July 9 2019
Two main EWT counts I am following. Bullish has wave-i of 3 of V complete and wave-ii is underway to around 2850 before wave-iii of 3 of V rallies price well into the 3000s
The alternate is an expanding 4th wave top; aka broadening top. These are NOT rare (see here for example)