S&P 500 - The correction from 1,041.32 has more upside

Wave I from 1,219.80 down to 1,041.32 took 21 days, so expecting the entire decline to be corrected in just a little over 1 day is not likely. I would expect it to take something like 8 to 12 days. If however the red alternate count is the correct one, the decline wave 1 of 3 down took 8 days and the wave 2 correction should take 3-5 days.

I still expect resistance at 1,090 to be broken for a move closer to the 1,153-1,171 area, before the next big move down sets in.