SPX500 - Elliottwave Forecast

SPX500 Daily Weekly is bullish, but this bullish structure could be just wave (A) (B) (C). H4 is currently wave (iii) of wave (C). The end wave (iii) may be located at 3430,3490. After ending wave (iii), the SPX 500 can decrease and then increase further to complete the 5-wave boost structure in wave (C).