SPX reaches a new high and then invalidates the main count, but before resorting to the alternative [ Alt:(x) ] which would require a radical restructuring of a pattern that has held up for months, it is best to advance in small steps, thus maintaining the label's validity of the 2nd (x) of intermediate degree on the bottom of 16 November 2012, a new reasonable count is the following:
wave w minor: from 16 November to 12 December 2012 (as before)
x minor: from 12 December to 31 December 2012 (as before)
y minor: from 31 December 2012 to 2 April 2 2013 (new count as zig-zag a-b-c)
x minor: in progress from 02 April as expanding triangle a-b-c-d-e or as a double three w-x-y-x-z , with the upward wave d/x completed and the downward wave e/w just begun.