Where we are

SPX Hourly with Trend Model and EW count

From the late August low (five waves down) the SPX has risen in five waves up.  Wave five up could extend, but as long as you can count five waves up, it could reverse down at any time in either an ABC correction or the beginning of a new five waves down.  If SPX closes lower on the day, its likely that the rally from August is over.

I have no idea why the first chart doesn't expand with a click.