New high on unimpressive price action. Today's high satisfied the minimum requirement of the blue, red and gray counts in Chart 1. See Variations (5/15/15) for discussions. Chart 2 tracks the squiggles in today's advance.
[1120am] SPX update -
Counts, lines, and squiggles. See charts.
[725am] ES update -
ES has been probing the neck line. See chart.
