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.