![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjF_DqUbtxKBR1F2jc5w1qQ1c3EJBFkJv75I5SsLxWgAuBDWF3JQChJlu5rTHQnRUsngLw1ddDpFzZN-hivS1zxslyssbSrZbJv-cFhE_HkuV-kGqj3mjOg57K6eEcbW9q93Yjb5o2pF8g/s320/s&p500fractal05042010.jpg)
As the 2007-fractal suggested we got a big rally today.
Next resistance is at 1209. If that's breached I expect a rally at least to 1220 but more likely to 1230 to complete wave [d] of an Expanding Triangle
Stop for this Elliott Wave Count is now at 1186 (Friday low).
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjvqVMil-uRABTBlTY6XCF47ujoyxesnty4qHG8y8-AwEDhZhO_9qDZZ2emZDJEpIVe_iVoSb_84xMjAnXIJm0Om0-aZok5c5L0MKUuPiBCZtZzyXmoEqY-swKjxCZAvjkP6BFT4Lw_c1o/s320/s&p500mediumterm05032010a.jpg)