SPX Daily Harmonic Elliott Wave Analysis

Overview: in the update of yesterday, I mentioned that "we are in wave c of (I) of c of Z. A decisive breakdown through the ascending trendline on the hourly chart is a strong piece of confirmation."

Update: we got the decisive breakdown through the trendline on the hourly chart to get our confirmation. The structure is developing beautifully in a channel and we are in wave 5 of c of (I).