US 500 Index

US100 – Elliott Wave Count & Expanding Flat Scenario

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This chart reflects my interpretation of the Elliott Wave principle, focusing on the rule of alternation. I've mapped a running flat in wave (II) and an expanding flat in wave (IV), which feels valid in this structure.

Currently, I'm tracking the final stages of wave 5 in the weekly count – potentially setting up for a daily leg higher into wave (V). Key levels to watch:

Weekly vector body: 5,928

Daily vector body: 6,110

Final target zone: around 6,200+

Human behavior doesn’t change — the cycle will always repeat.
The carry trade could unwind at point X or at the end of daily wave 5.

Let’s see how it plays out.
This is not financial advice – purely my perspective for learning and discussion.

I Salute You

-The Market Architect-

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