Here is the Friday morning squiggle update.  I'll likely start posting these at night after market close so I have more time, but since this is the first in hopefully a long line we're doing it first thing.  SPX short term expectations are looking for a new low before a more sizeable correction or run back to new all time highs.  As you can see from the green shaded area on the short term chart we are firmly planted in the target zone for what is know in Elliott Wave terms as a 'flat'.  Below is a textbook drawing of a flat and the squiggle count on the actual chart.