NASDAQ Elliott Wave Analysis for Monday 16/10/2023 (+ Higher TF)
In the higher timeframe, we have completed a WXY correction and this can be the end of wave (4). However, in the lower time frame, we are missing one more swing up to identify an impulse. If we do not get the additional swing up, we will probably see more corrective price action as a wave (4) and take out the low.
