π S&P 500 (ES) β Elliott Wave Outlook Market topped at 7043 β Now in a corrective phase π Structure forming double three (W-X-Y) β Correction still in progress
π½ Current Structure β’ W β 6584.5 β’ X β 6852.6 β’ Y β still pushing lower β Downtrend continuation active
π― Target Zone (Buy Interest) π 6390 β 6110 β Expect buyers to step in β Potential bounce after completion