Nasdaq 100 & S&P 500 Elliott Wave Update - Tuesday, Oct 22

The markets continue to present challenges to what is actually being traced out and what comes next. The larger count though remains Minor 5th waves up to complete Intermediate 3rd waves.

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The markets continue to present challenges to what is actually being traced out and what comes next. The larger count though remains Minor 5th waves up to complete Intermediate 3rd waves. I have again made adjustments to both the ES and NQ labeling. I continue to see the markets break below volatility triggers as well as regain and move back above the volatility triggers which has made intraday trading choppy and somewhat crazy. I suspect that will remain the case through next week's earnings reports and of course the Nov 5th elections.

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