$SPX - Market Analysis for Sep 20th, 2018

The market is doing a great job of extending higher in this move, keeping the standard impulse count for wave c of (y) in play shown on the SPX chart. 2942 SPX remains the target for wave (3) of 3 if so. I've included the ES chart as well to illustrate the ending diagonal count for wave c of (y) as an alternative.

$SPX - Micro - Sep-20 1009 AM (30 min)
$SPX - Micro - Sep-20 1009 AM (30 min)
ES Z18 - Micro - Sep-20 1008 AM (30 min)
ES Z18 - Micro - Sep-20 1008 AM (30 min)
Garrett Patten is a senior analyst at ElliottWaveTrader covering both U.S. and international equity indices as well as stocks.