SPX500 4-Hour Update - Impulse Wave (5) from Late March LowS&P 500 Index CashFX:SPX500LIVERMORE333SPX500 4-Hour Update Impulse wave (5) in progress from the late March low. (If the move from the late March low was a double zigzag, it could develop into an Ending Diagonal going forward.) We are currently in a ~50% corrective pullback after the completion of wave v. Next leg higher toward 8,500 (red line) is expected. 【Key Levels】 ① Corrective pullback after wave v: Fib 0.5–0.618 (6,700–6,600 zone) ② Next upside target: 8,500 ③ Alert level: Fib 0.786 (6,500 zone) ④ Final invalidation: Late March low or 6,308.96 (green line) break Fully aligned with Weekly & Daily Ending Diagonal wave (3). Tight stops required — monitoring cautiously. #SPX500 #S&P500 #ElliottWave