This page shows the preferred current count for the S&P500 in more detail. Please refer to the wave-labeling page to see which degree waves each is. This page will be updated a few times per month. Please refer to the “SPX big picture count” page for the larger degree waves over the past 10+ years.
Updated February 12, 2019.
We got the next push higher, thus there’s now only one count left. Should see a major-1 top soon in SPX2750-2790 target zone ideally, possible ideal target zone based on last minute waves is SPX2767-2776.
Depending on where exactly wave-1/a will top, wave-2/b should retrace between 38-62% ideally which is around SPX2610-2510