For those tracking along with Tony Caldaro's Objective Elliott Wave counts - what the S&P 500 might do under his alternative count

For my readers who are tracking along with Tony Caldaro's Objective Elliott Wave counting for the S&P 500, you likely already know that the main count he's showing in his SPX chart has Primary B wave deemed completed and the next move is down in Primary wave C. That might look more like the bearish picture I presented a short while ago. His alternative count that Primary B isn't done yet - that we've only finished major wave "a" and next comes "b" down in a pullback, then "c" up to finally complete the Primary B - is NOT depicted in the more bullish ideas I just posted. So here is a separate posting just to show on my monthly SPX fork chart, my best understanding of what Tony's alternative count might look like. I took the liberty of showing the pullback as testing back to the level of the fork line recently broken above, and then the completion upward of the Primary B at the next higher fork line.

As I've mentioned, we'll be watching to see the nature of the upcoming expected pullback to determine whether the primary count, or the alternative count, is looking more probable.