$SPX - Market Analysis for Oct 19th, 2018

By successfully holding above 2750 yesterday, the potential for a measured move back up to 2850 as blue wave (c) of b remains alive. Otherwise, any break back below yesterday's low puts the red path back on track for an immediate retest of last week's low.

$SPX - Micro - Oct-19 0702 AM (1 hour)
$SPX - Micro - Oct-19 0702 AM (1 hour)
Garrett Patten is a senior analyst at ElliottWaveTrader covering both U.S. and international equity indices as well as stocks.