Image Source: The markets continue to work through what I’m still looking at as minute 4th waves within an ongoing Minor 5th wave. I updated the labeling, reviewed the moves, and included updated Fibonacci levels. My expectations remain for the Minor 5th waves to in turn complete Intermediate 3rd waves and lead to a larger/ deeper correction to take place.Video Length: 00:25:34More By This Author:Nasdaq 100 & S&P 500 Elliott Wave Update – Wednesday, Oct 16Nasdaq 100 & S&P 500 Elliott Wave Update – Tuesday, Oct 15Weekly Technical Update: S&P 500 – Sunday, Oct. 13
