Here's an alternative on the bullish count shown on Chart 3 on the 60 min counts page:
SPX 60 min - Option 3:
This count makes the 1184.38 high wave iii of (v) and the action since would be wave iv, possibly as a triangle. It would limit the size of wave v of (v) to 28.67 points, which is the length of wave iii, since wave iii is shorter than wave i.
This count would be invalidated if we take out the wave i high in an assumed wave iv. That high is 1163.87.
