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S&P 500 Index

S&P500 Elliott Wave Analysis for Monday 16/10/2023 (+ Higher TF)

By AndyCuckoo
In the higher timeframe, we have completed a WXY correction and this can be the end of wave (4). However, in the lower time frame, we are missing one more swing up to identify an impulse. If we do not get the additional swing up, we will probably see more downside as a wave (4) and take out the low.
Elliott WaveFibonacciSPX (S&P 500 Index)S&P 500 (SPX500)Support and Resistance
AndyCuckoo
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