Elliott wave pattern on S&P 500

<p><a href="https://www.bettertrader.co.uk/.a/6a0162ff9ddd58970d02788030f161200d-pi"><img alt="SPX210617b" border="0" src="https://www.bettertrader.co.uk/.a/6a0162ff9ddd58970d02788030f161200d-800wi" title="SPX210617b" /></a></p>
<p>We have two ending diagonal patterns in this rally. Ending diagonals are terminal patterns. The rally since the May low is wave v (circle), this is the first ending diagonal in five waves [(i),(ii),(iii),(iv),(v)]. The second ending diagonal is wave (v) in five waves [i,ii,iii,iv,v]. After an ending diagonal a decline is expected.</p>