SPX - Alternate Wave Count $ES $SPY #SPX

21. Sept. 2018

This is the only other option I've come up to account for an ending of a wave 5. The correction earlier in the year would be a little strange, but makes sense with the DOW ending wave 4 at the same time. Ending diagonal still a possibility especially since I see 3 internal waves within this move up from the correction. Also notice the significant fibonacci lines. The white 78.6% is the extension of waves I-III from the low of '09.