![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEia7uAm4iJV3P6sfyHwPmizzNFMXsAiFUPmsWqqiWy3urSXv5lBQ6zMgmJFZ_H72HMfHlehCA1leZH8aizN8NfvchEqi3PcaLkmZAPw9hQ3GEFl2nZDRzT6UkgSO2k76HL35uwEDoCDov4/s400/spxshort19102009a.jpg)
In the chart above you see how I see the rally since 1020. First we've got five waves up making it wave (a), followed by wave (b) and wave (c) currently underway. So far, I can count four completed waves of wave (c). The last wave seems to be still in progress.
I subdivided wave v of (c) into its components:
wave [1] to 1091, wave [2] to 1086, wave [3] to 1099 and wave [4] to 1097. Tomorrow wave [5] should unfold with a possible target of 1108ish.
Primary count: in [5] of v of (c)
Alternative count: none