YaKa
Short

SP500 - Wave Count since 2009 (awaiting a IV and V)

FX:SPX500   S&P 500 Index
469 3 4

This is rather subjective and there are different ways to look at it. This is the count I feel the most comfortable with (This is not Elliott ).

I think SPX             is awaiting a IV and a V.

The IV awaited is to be coupled with II (Sep12/Nov12: 11%, 8 weeks)

Including the correction and the rally, the 09 rally could have another 6 months to go.

Anyway. which ever count you use, the apex is becoming very narrow and it is unlikely SPX             is going to respect that many month to 2200.

A decisive break of the cone is imminent - Question of weeks. This is often the case in wave IV before a V outside of the cone.
wave 4 can't overlap wave 1
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Genius....I hope this plays out as you expect. Good luck sir and thank you for the analysis
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Good luck with your shorts!
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