No EW rules have been broken to indicate this is NOT a terminal move in the S&P. This could still be an ending diagonal with wave 5 (blue) having a 5 wave count as opposed to 3 waves typical of an ending diagonal.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.