I think its possible to count either an ending diagonal or an impluse wave complete at today's high for either a 2nd wave corrective high or wave [3] of iii in an impulse up from the 1 July low. These are two of the charts posted at the weekend which I've updated with today's action:
SPX 1 min - ending diagonal from 1058.24:
SPX 1 min - impulse from 1058.24:
The impulse count may be the more likely to be complete, whereas the ending diagonal count could still only be in wave [4], today's high being wave [3], rather than wave [5]. On that count, we'd need to see the wave [2] low taken out to feel sure that the ending diagonal is complete.
