Update

The indices followed the expected path so nothing new just updated charts.

This week the retracement was completed and we have the turn higher. Another leg wiht the same size has target 10 points below 7900.

Even the 20d cycles look perfect. The last two surges higher were 4 days long so another 2 days to complete the current one. This means another 20d cycle high with length 11 days to complete the cycles of higher degree.

Update

The indices look different - DJ/NYSE/SPXEW look like impulse lower and now they should retrace higher, NDX looks like b-wave testing the previous top at 20w high, SPX looks more like the NDX but stronger and some count wave 5 running now.
Overall I expect 1-2 weeks to complete the current move higher and then lower into 18m cycle low sometimes next year.

Expecting another week to complete the cycles higher. Alternate it just turns lower earlier...

This are the longer term cycles for the NDX... I see a 40w top early June on schedule and now retest of the top on schedule for 20w high.

Heading into at least 10w high and if we have the same cycle model like NDX it is 20w high.
You can see three tops of different degrees 10w-20w-40w - perfect example why the theory analysis bottoms and not tops. The waves with different lengths synchronize at bottoms and the tops are spread in time.
There is well known phrase describing it - “tops are a process, while bottoms are an event”... we are watching the process lasting several months.