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ResonanceTrading

S&P 500 Bullish or Bearish

S&P 500 Index (SP:SPX)  
ResonanceTrading  
SP:SPX   S&P 500 Index
S&P 500 (SPX500) usa500 Elliott Wave waves Cycles Stocks index
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spx500 usa500 elliottwaves waves cycles stocks index
These are the most probable counts for the S&P 500.
in the first one, the S&P finished wave IV and is now heading to new highs in wave V
The second one, which is the one I prefer "due to the development of a H&S pattern on the 4 hours chart right now, will continue going down in a A-B-C zigzag to new lows.
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