good afternoon,

recently posted my macro outlook -


es 12-12 macro update ~


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just building on that idea here:

👇

potentially, the chop we've been experiencing over the last few weeks was some kind of expanded flat of an (x) wave.
if true, this drop is close to being concluded.

estimated downside target on this move sits at 3800.


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if all goes as planned,
the expansion target to the upside will sit between 4400~4500 into the new year.


Elliott WaveS&P 500 E-Mini FuturesQQQSPX (S&P 500 Index)S&P 500 (SPX500)US SPX 500SPDR S&P 500 ETF (SPY) us500VIX CBOE Volatility IndexVXX

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