S&P 500

S&P 500 wave counts from the top in the ending diagonal that marked wave 5 top. We look like we have a 5 wave decline where wave 5 is an expanding triangle so far.

The daily chart can look a little different like this where wave 5 may have ended at the Sept top and then we have 5 waves down and a positive RSI divergence overnight. Yes this is the last place where we can still do this after that it is an extension lower as it appears in many EMs/Asia this morning.