SPX – S&P500 – Current Detailed Count

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 June 10, 2019. 

Last week I showed the SPX2868-2901 target zone, and fast forward price moved so far 3p above it. BINGO! Now question remains if that was all of wave-b or will it become more complex. I THINK more complex (green alt:a, b, c), but have no data to back that up yet. It all depends on if investors sentiment is already sufficiently Bullish for the rug pull or if it needs more time. For now we need at least a >20p pullback from the highs to tell the advance off the SPX2728 low made last week has most likely ended. 

Although price has done nothing but reach the ideal target zone set last week, the rally off the SPX2728 low has been pretty powerful, and I thus need to entertain again the possibility that primary V is underway with wave-1 and 2 completed and now wave-i of 3 underway. Again, this is still the alternate until proven correct.

8 thoughts on “SPX – S&P500 – Current Detailed Count

    • Soon is relative of course ;-), and timing the market is very very tricky, but I expect it within the next 2 weeks. Don’t quote me on this. It’s an educated guess at the very best.

      • Note We have developed a Fibonacci based timed trading interval which has been very accurate over the past 2+ years. Premium Members get first knowledge of it. That said, did u get my email about your canceled memberships? I’d appreciate a reply as to let me know how you would like to proceed.

  1. Soul,
    Thanks for the detailed weekend update 10/22/17. Interesting choice between the primary SPX count and alternate. The alternate appears to work better with regards to the upcoming earnings in GOOGL (10/26/17), where count suggests rise to 1050 or so after earnings. However, as you noted, the technicals may favor the primary. Let’s see what early part of the week brings (Monday and Tuesday)….

    • Hi D! Thanks! 🙂 I personally don’t try to correlate (a few) individual stocks with the general market, e.g. all FAANGT stocks (incl even BABA and TWTR) were down the past week while all indices were up, but you could be right. We’ll see.

  2. Hi Soul, can you please post wave counts for Horizons Medical Marijuana Life sciences (HMMJ.TO) . But I need especially Harvest One Cannabis (hvt.v). If possible small time frame as well (micro). Thanks!

Leave a Reply