Update

Nothing new to add - the b-wave is close to completition, next week the c-wave starts. Targets c=a around 7200 and 1.618 extension around 7000 testing support and MA200 daily.

Update

There is no triangle, which is not a surprise. The b-wave and 10w high is completing and next week the c-wave into 20w low first half of August starts.
Do you notice how all comments are allowed - this is archive of the stupidity at important high.

b-wave running as suggested last week and to wait for 10w high mid-July. Notice how since the high of the third wave every high hits the RSI trendline....

The cycles confirm the pattern with two months between the top of the fifth wave and the b-wave.

Last week posted Europe weekly chart if you think SPX is different good luck - the same pattern with the same perfect measerments exactly 4.5 years after the previous high. Next is decline into August 20w low and high in September 20w high then lower to the next trend line and support.