#SPX = Daily Analysis = 08.12.2021 $SPY #investing $SPX #trading #ES_F #DowJones $NDX

After precise forecasting of the reversal point on Friday, candles now suggest that indices are likely to take a pause. Let’s evaluate the perspectives of candles and waves for tomorrow and beyond.

CANDLES

All indices formed an Advance Block/Deliberation candle formations that typically expect a minor pullback that, in some cases, could develop into something bigger.

ELLIOTT WAVES

SPX
SP500 continues to move exactly as forecasted. The green path is primary. After completing wave “i” off the lows, I expect SP500 to pullback no deeper than $4625-35 before resuming the rally. Possible timing – 1-2 days of sideways – slightly downwards movements.
In case of a deeper pullback, the red count might become the primary.

SPX Mid Term Target was shared earlier:
https://investingangles.com/2021/12/07/spx-next-target-07-12-2021-spy-investing-spx-trading-es_f-sp500-dowjones-ndx/

SPX Long Term Forecast can be viewed here:
https://investingangles.com/2021/12/04/spx-long-term-forecast-2022-04-12-2021-spy-investing-spx-trading-es_f-sp500/

DJIA

DJIA is also moving precisely as forecasted and wave 2 is expected to be shallow.


DJIA Mid Term Forecast:
https://investingangles.com/2021/12/07/djia-geometry-of-targets-07-12-2021-dia-investing-trading-dowjones-spy/

DJIA Long Term Forecast for 2022-2023 can be viewed here:
https://investingangles.com/2021/12/06/djia-long-term-forecast-2022-2023-06-12-2021-dia-investing-trading-dowjones-spy/

Yesterday’s Analysis:
https://investingangles.com/2021/12/07/spx-daily-analysis-07-12-2021-spy-investing-spx-trading-es_f-dowjones-ndx/

SPX Weekly Analysis:
https://investingangles.com/2021/12/04/spx-weekly-analysis-04-12-2021-spy-investing-spx-trading-es_f-dowjones-ndx/

VIX Weekly Analysis:
https://investingangles.com/2021/12/03/vix-weekly-update-reversal-alert-03-12-2021-stockmarket-vxx-investing-trading/



Good luck!

Follow the blog in Twitter @InvestingAngles or by email subscription.

http://investingangles.com/subscription/



3 thoughts on “#SPX = Daily Analysis = 08.12.2021 $SPY #investing $SPX #trading #ES_F #DowJones $NDX

  1. Hi Alicia, I asked Support team for help.
    While we are waiting for their response, please try this sequence that they provided earlier:

    “In the meantime, please instruct the user to clear their browser cache, try again from a different browser, and to try again from a different device, in that order.”

  2. Pingback: Investing Angles

Comments are closed.

%d bloggers like this: