S&P500 - Consolidation before Trump takes this higher

We have 3 possibilities at present time,
either we see price drop sharply in impulsive fashion, which would make this a Flat correction

Or, it makes only a 3 waves correction, which would increase the chances of a Triangle playing out (favorite count)

or, of course, this could just continue rallying higher which would indicate that wave 4 is in place and we're off for wave 5.