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.