SP 500 The only bullish wave count an EXPLANDING 5th wave 7031S&P 500 IndexTVC:SPXwavetimerThis is the Only Bullish wave count based on the 10 weeks of action .if we take out 6920 any more I would say we will see min 7031 to a max of 7150 The vix has been high for some time I little no No break down . So The bearish cycles seem to that only of a corrective cycle .