The SPX had some positive divergences develop Thursday on the VST and ST indicators. The IT is still down. I counted what looked like a 5 wave (a) wave and now "b" with the dreaded © of z of Z still directly ahead. Minimum down side by late Tuesday should be near 2268.04 where the © wave of C started.The 4 TD low pulled back into 3, suggesting an absolute hard down low into late Tuesday and early Wednesday next week where I said the 32/64 combo is due. Early Wed is also 10 TD for the 8 TD low +2. The 16 TD low last ran a day early and is due Monday, but adding the extra day puts it into Tuesday along with the all other Gann Cycles.
An alternative target for the SPX based on the 200 DMA and past action in the move up since Feb 2016 is 2306-09. 2268 +/- fits the E-Wave expectations and the Sun/Mars conjunction much better. We'll see.