If w4 of the ending-diagonal ended at ~2692 on the S&P, the minor w5 will equal the w1 and fill the chart gap up around 2856. Then we can begin our trip back to real support at the 1810 level this fall.
|S&P 500 daily|
Adding an alt in case the larger W4 did indeed resolve as a triangle. This would drag the ending-diagonal out for more time, taking it close to FOMC season in September! Still looking at Q2 GDP as a minor turn, though, but 20 pts higher than the 1st chart. We would also see new ATHs on the S&P.
|S&P 500 alt count with larger W4 triangle|