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SPX should make a higher high to top in wave ( iii ) up off the December 2018 low
ES has a really clean topping count to complete the rally started in December 2018. It started the final wave ( c ) of ( v ) up at 2,789.50, a low made on 3/25/2019.
And this morning the rally is hitting the minimum required 176.4% extension for a micro wave iii up. It can easily extend to 185.4% ext ( 2,876.50 ) or even 200% ext ( 2,883 ). Once that micro wave iii tops out we may get a pullback in wave iv down. But the real top may be put in after another rally targeting the red box in wave v of ( c ) of ( v ) of A.
I would like to pint your attention to the blue 223.6% fib extension of the wave ( i ) up ( 2,908.93 ) in the left part of the screen.