First Look: 2022-10-07

S&P 500 futures took a dive on the NFP numbers as expectations of rate hikes go up. I have switched the sense of primary and alternate such that wave iv of (iii) is primary and now down in the early stages of wave v of (iii). As I type this just past 10:30 on Friday, I’m penciling in this drop as working on a low order wave (III) which targets 3671.00 o…