spy60 five waves down then abc counter move up now back to 5 waves down this is called a zigzag the counter move took too long and too impulsive to be a wave 4 https://stockcharts.com/c-sc/sc?s=SPY&p=60&yr=0&mn=1&dy=14&i=p46857756371&a=234724271&r=1593092184058