Market Still Trying To Stretch In This Minor 3rd Wave

As per my update over the weekend, I am now counting the SPX and IWM as being in their own minor 3^rd waves.  In the SPX, we seem to be trying to complete a wave iii within a [c] wave of wave [5] off the October 2022 low, and the IWM seems to also be trying to complete a 3^rd wave in its 5^th wave of a [c] wave of a larger b-wave.

In the SPX, our minor support is 5607SPX, and as long as that is held, the next upside resistance/targets are the 5675SPX region followed by the 5730SPX region.   A break down below 5607SPX is an initial indication that we are in a wave iv pullback, whereas a sustained break down below 5575 confirms it.

In IWM, after reviewing this chart further, I am a bit partial towards the yellow count, which would project this rally as taking a bit longer and higher, with the ideal target in the 230-233 region.  But, that would also mean that this wave 3 in yellow should be pushing higher towards the 222 region in the coming days.  Moreover, I am viewing the 210 region as our initial support for wave [iv] in green should the market take that path.  But, as I noted, I think the yellow count seems a bit more likely to me, but it will lead to much greater volatility in the coming weeks.