SPX Daily - Tuesday, Jul 19

@ 4 PM

This rally looks like a smaller version of the Jun 23 - Jul 7, Minor 2 up rally.
As they say, sharpest corrections occur in bull markets, and sharpest rallies occur in bear markets.

@  2 PM

Also a quick look at the Minor 5 of (C) count on the SPX chart.

@ 12 Noon

Wave ii bounce as one might expect.