60 minute charts of SPX,Composite

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www.stockcharts.com

I would expect the SPX to test the 200 sma. and then resume upward.
   A break of the green dotted line from the wave formation outlined in the green box and I would expect a test of the Daily 26 price bar at 1810.














Pretty much the same with the Composite except it's probably there,(200 sma). A break of the green dotted line off the wave box and I would expect a test of the Daily 26 price bar also. Any
Drop below the Green Line (near bottom) would break the Wave structure.