I've changed the chart of the double zig zag back to the way it was labelled in last night's update, so showing the completion of the double zig zag at today's high. However, it would be more convincing if we could take out the high at 1051.01 that I had labelled as wave (1) of [C] in this morning's chart of the double zig zag without making a new high first. Until then the risk remains that this morning's labels are correct and that we are still in wave (4) of [C] with a further new high to come. Here's the chart:
SPX 1 min chart - double zig zag:
