FX:SPX500   S&P 500 index of US listed shares
109 1 1
Modified the green count to an old alternative. Added the white and yellow alt counts. Yellow is the most aggressive, and requires a future pullback to hold high support. Taking out the top of the coming high in presumed yellow (i) would be a strong bullish indication that a trip to 2500+ is underway in wave 3. Holding lower support in white or green counts only delays the 3rd wave into late '16 / early '17. Breaking below the 61.8% retrace of the upcoming high (presently at 1924 buy possibly moving higher) would suggest the entire rally off the Feb low could have been corrective and the lows will be test again.
The green count is my primary expectation, but willing to accept any development in stride.
8 months ago
Good chart......thanks for sharing.
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