You can see from the chart, starting of Wave 1 in March 2009, till today's Wave 5, I believe S&P is reaching the end of it's five wave cycles.
The white line Wave 5 is reaching the Elliott Wave upper trendline channel (yellow). I don't think a "throw over" will happen, for sure, it is probably just one month away from reaching the upper trendline. On the internal of Wave 5, I realized we're only in wave 3 of daily wave, so we still have a short final run.
I'm waiting for a final fractal to show up on the monthly chart, and thereafter the great run of S&P will probably come to a final end, and for sure I will not want to be involved in corrective waves (I will short sell), which can be extremely dramatic.
I also noticed since Nov 2022 the volume is on a slight decrease, which is a divergence of price, which is not a good sign.