The decline to 6540.5 marked the completion of wave (4), followed by an upward turn in wave (5), structured as an impulse Elliott Wave pattern. From the wave (4) low, wave ((i)) concluded at 6718.5, with a subsequent pullback in wave ((ii)) ending at 6593.25. The final wave ((v)) reached 6766.75, completing wave 1 in a higher degree. The ensuing wave 2 correction developed as a double three Elliott Wave structure. S&P 500 E-Mini Futures (ES) latest one-hour Elliott Wave chart from 10.22.2025S&P 500 E-Mini Futures Elliott Wave [Video]