

Both weekly and daily charts are quite aligned and point to an incoming low under development. The S&P 500 is reacting at the moment, with a probable target around 4230 in the next few bars, then 3830 area (-9% from the present level) to complete the third wave.
The final target is now estimated in 3760/700 area (-12% from the present level)
(charts by AdvancedGET desktop app)