I have done some more work on the S&P 500 and the DOW which resulted in the change of my wave count in both of them. However I have to say that now I am at odds with my favorite analyst who's wave count works on a wave 4 down move, while I have now changed to an ABC down after completion of 5 wave up. The future outcome isn't as clear a one would wish it to be, however he at least is making a living out of technical analysis, has a lot more experience and also more tools available to him.
Anyway here is are my changed S&P 500 and DOW charts, which you please take as my very own interpretation of how I see the current bigger picture situation. So please DYOR ...
New TA/Charting, page-8072
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