In II spx, I posted a chart exploring two potentials: larger c down to complete a higher degree and deeper corrective 4 wave as abc; and a simpler upward pattern looking for a quicker 4, and then a fifth wave to end an impulse (as c wave). Friday’s action suggests we’re on the latter. And I noted that y’all need to BE CAREFUL, because very soon, just as we break out anew, an even larger correction may be immediately “around the bend”.

On Saturday, Trader Joe looks a bit further into that detail
http://studyofcycles.blogspot.com/2024/06/most-probably-expanding-diagonal.html

note (v) C ?

in larger upward ED running toward yearend, I suspect his C? ends the ED 3. ED4 follows, and then the finale ED5.
ED = ending diagonal .. google can spell that out. All five legs of an ED are abc (“threes”) internally.
Even waves 1,3 and 5.
ED 4’s low should drop to where it overlaps ED 1’s high. That’s your “warning shot”.
In a regular Elliott IMPULSE, 1s and 4s CANNOT OVERLAP.
EDs show up as ENDING patterns, and the 1/4 overlap tips off a weakening market.

for the Dow, TJ just added the ED …. note that blue (3) probably lies directly ahead, not in rear view