$SPY has set up to Rip tomorrow the 1/31/19 to reach $270

The classic Elliott wave came to fruition today around the same time the FOMC meeting took place. Of course the fundamental practitioners will preach the market went up because the Fed made this decision or that decision. The Elliott wave practitioner will say this move was set in stone but the timing cant be any less perfect. As you can see in the image below that we were doing sideways price action in 4th wave and we have set up to move in the 4th to 5 of (3).