FX:SPX500   S&P 500 Index
Another revision for today. Having revisited smaller timeframes I remembered why I had the idea with expanding triangle in the first place. The area in green rectangle does not allow me to count wave 1 down as an impulse. It looks like wxy. The same is on other charts (DJI and Nasdaq). Therefore I conclude that we might be in a scenario with torturous and volatile ending diagonal rather than swift and deep implulse wave.

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