SPX has ended a major impulsive move higherValidation:
Wave ii is a running flat retracing 38%
Wave iii reaches a max 1.38 extension
A sharp wave iv correction at 62%
Good ii/ iv variability in this count
Wave i peak - wave iv low, avoid crossover (by less than 3 points)
Wave v of 5 extends as required to the 2.62 extension
A valid ending to a major move for SPX