spx update - short term count

At this point this is my primary count for the short term count.

The bears need an impulsive wave to the downside to confirm my medium term count! Let's see what "they" will do.

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SPX UPDATE

After more than 100 points, since my last update, is time to be short and wait to see what the SPX will do with my medium term count. It will be important understand the pattern of this downside to understand if my medium term count is correct.
For now, the bears need an impulsive wave to the downside.

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spx update

I confess these complex patterns make me crasy and for now I'm not sure if my counts are trustfull.

Despite this, I don't see the "TOP" in the last higher high at 147x's cause the pattern to the downside is corretive. To follow this I changed my medium term count! Another possibilities are still available but to me make more sence  this count.  At short term, since the last higher high, SPX made an triple zigzag.

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spx update

At this points, as I posted in my last chart, does not make sence count this waves as wave 4. However the waves aren't clear and can't find any impulsive wave to the downside. So my primary count suggests SPX is labelling another X wave to the downside. 

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spx update

Different pattern, same wave! I will still count this wave as 4 cause don't see nothing impulsive to the downside. Possible wedge is underway!

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spx update

Two possible counts at this point!

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spx update

Changed my medium term count cause the donwside, since the last highs, was corretive (double zig zag). Tomorrow will see the long term count.

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spx update

After these last days seems SPX at short term is labelling a triangle. If this occur my medium term chart will be changed. For now I can't see anything impulsive to the downside.

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spx update

At this point it makes more sense consider that the wave Z is over. However I show an alternative count in the short term. If this happens I will have to review the medium term count.

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