S&P 500 ~ Elliott Wave Count ~ 1 April 2013

The count looks still pretty good:

(previous count)

But it's way too early to tell whether the market peaked at 1571 or not. If we break the lower trend line of the wedge, we should have at least a short-term top and a decline to 1538ish is likely. Only if also 1538 gave way, I'd think that we had formed a medium-term top at 1571 and a decline to much lower levels would be likely.