How to count Elliot wave 1: The 5 wave impulse

I have decided to publish a series of videos trying to explain how to count waves and use them in trading. This is the first one the 5 wave impulse and leads to the conclusion that I cannot yet trade the S and P 500 but a trade is coming as we are expecting more upside. The FTSE has already made a new high meaning that wave 4 low is in place there, follow the link to check out the trade idea