Here is the weekly chart. There are no changes to prior waves counted. The new information is that stocks and futures (with the exception of the Russell 2000, yet) have made a new all-time high. Also, the NYSE advance-decline line made a new all time high. Along with several other FED-related factors this suggests that upward stocks movements may not be over.
From a technical viewpoint, using the weekly chart 1) there is no wave two signature on the Elliott Wave Oscillator. 2) Price could attempt to form a better channel. 3) There could be alternation in the wave (X)'s. 4) Wave (Y) was not as long as wave (W), but a brief turn lower occurred at exactly the right time, and 5) IF wave A is in 'three-waves-down', one simply had to wait until price got to 90% of the high to suggest that maybe wave (X2) will be a Flat or Expanded Flat. It did.
I could be wrong.
On Saturday morning, an update of the 4-hr chart was added to this post. The chart shows that this up wave whether minute ((iii)) or minute ((c)) is best paired with the leading expanding diagonal off of the low.
The rationale is that the pairing results in a near 1.618 relationship at this time. Now, "most often" leading diagonals are "a" waves. And, if so, one might expect the tentative up channel to break and not support a fourth wave down. But that remains to be seen.
Have a good start to the evening and to the weekend.