S&P500: Elliott Wave comment at 6th of October

New and violent sell off in the world markets, as I predicted in the previous post and in many other posts long time ago.

S&P500 has not reached its first target down, and the bear movement should go on below 1000 point. S&P500 is inside a violent third wave down and it is more violent than expected. Maybe, in two or three days we could reach our first target.

S&P/MIB, consequently dragged down, is extending its bearish movement. Targets indicated in our Weekly Reports at 24.500-24.000 have been reached and crossed!
Now, S&P/MIB goes for new bottoms below 23.000 and this new bottoms are indicated in my new S&P/MIB Weekly Report, with a lot of technical details!

H.F.L.