We can take Felicity off the list! On the Jan. 20 winter return, it was revealed in a flash-forward that Felicity is alive and well. Whew. This is what Mericle had to say following the episode to ETonline: "It was important to us to show that this loss that we’re headed for has an impact not just on Oliver, but on a lot of people. It’s going to be a big shock and a big game-changer, and it’ll have an impact on Felicity as well."
The easy pick would be Oliver’s possible future fiancée, but frankly, we think it’s too easy of a choice. Plus, would the writers really dare tear Oliver and Felicity apart after they established a season-long engagement mystery? We don’t think so.
“When Oliver hides the ring, we’re also dramatizing the fact that, ‘OK, he’s with Felicity, they’re together, but things are not the same as they were back in Ivy Town,” Guggenheim says. In the end, Barry’s reaction -- he wasn’t exactly crying -- may be the most telling sign. If it really was Felicity, wouldn’t he be just as devastated as Oliver?
Following the Arrow season four fall finale on Dec. 9, once Felicity officially got engaged to Oliver, several of Damien Darhk's minions shot dozens of rounds into the limo the couple were in. After Oliver drove the gunshot-riddled limo to safety, it was revealed that Felicity was unconscious, bleeding and badly injured. All signs seem to point to Felicity in the grave -- for the moment, at least.