EW count seems to be incomplete and may need higher highs for a convincing 5wave pattern. But pattern recognition shouldn't be relied upon on its own. We also hit 1858.71 as the high today and narrowly missed the 1860 target. There is possible scenarios, but we are again in an uptrend, so the bullish bias is on the forefront for now. On a bearish note, the SPX has formed a negative divergence and also formed a reversal candle. We should break the 1825 to be sure that a new trend is on its way.
The Financials / Banks again have been moving with a disconnected manner, and could be explained with an ABC sub pattern. If this is the case then a 3rd or C wave pattern down might be warning enough to not chase higher highs in the SPX or any other index.
MT: UP
ST: UP
PA: UP
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