The SPX500 And Its Final Push HigherS&P 500SP_DLY:SPXwavemaster_Let’s take a look at the current S&P 500 structure from an Elliott Wave perspective. On the highest degree of our count, we are currently in the final Wave (V) to the upside (shown in blue). This Wave (V) started at the beginning of October 2022, and since then, the S&P 500 has gained more than 100%. The orange count shows the internal structure of this Wave (V). Here, we can see that we are also in the final Wave V to the upside. Going one degree lower, the purple subwaves show the internal structure of this final Wave V. A Wave (4) correction has just come to an end, suggesting that the final impulsive move higher may now be developing. What makes the current structure particularly interesting is how the different wave degrees align with each other. As long as this structure remains intact, the final move higher could potentially take the S&P 500 towards a new ATH, with a maximum target around 8,624. However, once this final Wave (V) is completed, the larger structure could change significantly and open the door for a major correction. For now, the focus remains on the structure in front of us. As long as the count remains valid, there can still be opportunities on the long side. Let me know what you think