S&P500 Elliott Wave Analysis for Wednesday 18/10/2023

The impulsive structure up starts to seem unlikely. Overall, we believe there will be more upside but in a corrective way. This suggests that wave (4) in the higher time frame is not finished yet.
Elliott WaveFibonacciSPX (S&P 500 Index)S&P 500 (SPX500)Support and Resistance

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