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Post by BraVoCycles

Published May 19, 2026Updated May 19, 20262 min read

SPX Micro-EW Count

  • It looks like that the red micro count prevailed, which is now black,
  • SPX counts well as five waves down for (i) and now a bounce in (ii), ideally to close the gap, which is very close to the highs.
  • Some technicians argue that gaps do not need to be fully closed.
  • New highs will make this count invalid, and the previous black count will be brought back.


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