15:46 BST SPX Update

Well, SPX did have another high for us. It now looks like a better 5 up from the (B) wave low on the chart in the last post. We could still be in wave 4 of (C) and even if we have a complete 5 waves up, until we take out the wave (B) low, we could just have completed only a first wave up either on this or one of the more bullish counts.