Elliott’s Soup for the End of October

Both weekly and daily charts are quite aligned and point to an incoming low under development.
Oct. 30th, 2023 Weekly chart
Oct. 30th, 2023 Daily chart

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)

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