SP:SPX   S&P 500 Index
Intermediate (B) triangle is underway, with its Minor wave D unfolding as a zigzag (as it has to be in this case), which is starting with a leading expanding diagonal for Minute wave ((a)), so, one more push to the downside to complete it (the diagonal), then a sharp and deep correction for Minute wave ((b)), followed by an explosive impulse for Minute wave ((c)), this way completing Minor wave D.

It can also happen that the market goes for new ATH right way!...
Or it can happen that the market stays in a straight line... somehow...
Or none of the above...
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