SPX Short Term Elliott Wave Structure

Today’s high got confirmed by maximum momentum. Moreover, wave action since last Friday counts better as a 3-wave to the upside. Alternatively a case can be made for a 5-wave up with an extended first wave. We do not want to embark here on an irregular flat as a forth wave as the structure looks displaced in time and space. Hence, the S&P 500 is not done to the upside!