SP is "Cryin' Overtime" Before Broken Arrow

FX:SPX500   S&P 500 Index
Bullish Count
Within the Elliott Wave ending diagonal!
The chart I call Broken Arrow this is what I see could happen.

It's been one messy chop - almost impossible to count.

But from the dark emerge this bullish possibility!
The SP             has made a wave 4 bottom at 2070 as a double zig-zag and now carving out the last 5th wave.
Why... I can't count latest down move as a 5 wave down.. it "looks" corrective...and it is - in my opinion.

Important notations on the chart

Trade what you see
Follow me on twitter - I do more intraday updates there!

Music at work:
I have a hard time understanding where is the wave 1, 2, and 3 when you are talking about wave 4 and 5 - can you give me a big picture (sorry I am a new bee)
I'm in agreement. The pattern is even more clear on the daily. I think a new ATH is coming.
HI BLawrenceM, next week SPX will try to make new LOW ( testing yesterday ~ 1970 ) after that new ATH. -nitroedi
I agree that is possible but it will be a struggle. I see Wed as a bull trap that will reverse back to 2070-2040 by the end of next week. Next 2 days will likely be down unless major news event intervenes.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out