This is my prefered EW Count for the S&P500 at the moment. I expect more weakness short term, currently we are in a smaller abc 3 wave move on the downside however once this is finished I expect a corrective wave 2 to be finished after this the last fave waves to the upside should continue. I expect this to be the last run up in the current bullmarket. This EW correlates the interest rate cycle currently we saw for the first time an inversion of the 10Y and 2Y interest rates in the US normally after this recession signal we still have 22 months to go and Market that goes up another 12% in this period before a big correction begins, this would fit with the EW Count of the last Wave 5 up in the bigger Cycle.