EIGHTCAP:SPX500   مؤشر ستاندرد آند بورز 500
In the previous update, published on March 12th, I had the idea that wave 1 had its peak on Dec. 13th, 2022 and wave 2 was developing as a flat. The structure that is currently developing is not supporting that idea anymore, although the count it's not invalidated.
I am doing a relabeling to my count, considering the peak of wave 1 on Feb 2nd and wave 2 developing as a double zigzag.
I think wave x of 2 has still some more room to the upside, which will be followed by wave y to complete wave 2 by the first week of June in my opinion.

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