SP500 Update

Time to update SP500 count. Interesting to see how headlines swing in couple of days from 'sky is falling' to puzzled 'Big Up Week for Everything Is Latest Sudden Twist for Traders'. I think the correction will be lengthy taking us into the end of July. As for the shape - we'll see. So far I see the expanded flat in the making which I think is only part of the thing.

Once we get ridiculously optimistic again we'll watch for the trend change.