SP500 - bullish count S&P 500 E-MINI FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) CME_MINI:ES1! tomj2417 The bounce off the 38.2 retracement is certainly gathering some steam and a closer look at that price action could also be viewed as bullish . I'm not sure if this pattern could really be an expanding triangle but I can possibly see 3-3-3-3-with a 5 wave C wave to finish off (red count). Could it also be viewed as an expanding flat (blue count)? Disclaimer: As always with EW there are lots of other counts of which some are incredibly bearish however I'm tentatively bullish .