On the E-mini S&P500 we are tracking a complex upward move within wave five, final leg of an expanding diagonal as shown on a daily chart. We can see that price made a new sharp reaction higher which is now a confirmation that wave c of Y is in progress. Ideally current rally will search for a top near the 2500 region.If price will remains in sharp bullish mode and break above 2500 then market may be headed up to 2540 area per our COUNT #2.
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