SPX Monthly & LT EW Counts There are two primary alternatives, the black and green. The black count is primary for NDX and DJI, so it is possibly a favorite in SPX also. However, SPX did not have an overlap between (4) and (1) as required for ending diagonals, but the miss was by a hair and may be acceptable. It may take months or longer to resolve the black or green dilemma.
Published May 10, 2026Updated May 10, 20262 min read
SPX Monthly & LT EW Counts There are two primary alternatives, the black and green. The black count is primary for NDX and DJI, so it is possibly a favorite in SPX also. However, SPX did not have an overlap between (4) and (1) as required for ending diagonals, but the miss was by a hair and may be acceptable. It may take months or longer to resolve the black or green dilemma.