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WolfRam_Beta

Just completing a final wave 5?

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Indeks S&P 500 (SP:SPX)  
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Wave Analysis Elliott Wave SPX (S&P 500 Index) sp500index SPDR S&P 500 ETF (SPY)
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I was thinking for a long time that this upwardswave (sinds december) could have been a wave 4, until this became invalidated.
Therefore I believe we could be in an wave 4/begin of wave 5 of a bigger wave 5.
I don't think this will go much higher than the ATH, as the oscillators are pointing more towards oversold conditions.
Komen:
The lines are more general ideas of a direction, no specific targets.
Although a double top at the ATH could be possible.

This idea will be invalidated when the current levels turn out to be a quadruple top, reversing to sub 2600's levels.
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