Elliott Wave Analysis of the S&P-500 (SPX) by Sid from Elliott WavePredictions.com. Click on the chart twice to enlarge.
Based on the futures pre-open this morning, it appears most likely now that we are seeing a large ending expanding diagonal in the SPX. If that (relatively rare) wave count is correct, and if my labeling is correct, (which was quite difficult by the way, because wave 3 must be longer than 1, 5 longer than 3, and 4 longer than 2), the SPX must reach 1286.57 before it turns, and it looks like it might get there by the end of the week. Invalidation is at 1356.48.
