S&P 500 1H Outlook: Bullish Above 6,820.27S&P 500 Index CashFX:SPX500LIVERMORE333S&P 500 (SPX500) 1H Outlook As long as 6,820.27 holds, main target remains 7,050 upside. Since the Nov 21 low, the double zigzag has shown hesitation but upside momentum is still intact.Sub-waves forming a diagonal — complex action, but no clear downside trigger yet, so upside continues. ① Bias: Bullish Hold above 6,820.27 → upside continuation ② Main Count: Double zigzag (w)-(x)-(y) in progress from Nov 21 low. (y)'s a-wave forming leading diagonal; currently in 4-wave pullback. Completion should lead to 7,050 target. ③ Alternative: Daily close below 6,820.27 invalidates bullish view. Then, (x) wave end at 6,718.60 becomes key support. THINK SIMPLE #ElliottWave #SP500