With all of the excitement today, we are still inside the larger bearish wedge on the SPX. Daneric has us in a throwover of his wedge, but, remember, he counts the Wilshire. It will be interesting to see if this makes any difference ultimately on the timing for a top.
|SPX 02-05 6M|
See? No touch just yet, although it isn't far above us now. Preferred count here is for us to (finally) pull back before a run to touch the top of the bearish wedge at the end of February.