These are the most probable counts for the S&P 500.
in the first one, the S&P finished wave IV and is now heading to new highs in wave V
The second one, which is the one I prefer "due to the development of a H&S pattern on the 4 hours chart right now, will continue going down in a A-B-C zigzag to new lows.
in the first one, the S&P finished wave IV and is now heading to new highs in wave V
The second one, which is the one I prefer "due to the development of a H&S pattern on the 4 hours chart right now, will continue going down in a A-B-C zigzag to new lows.