#SPX #DowJones = Daily Analysis = 22.12.2021 $SPY #SP500 $DIA #ES_F $NDX #fintwit $QQQ $IWM

SPX, DJIA, and NDX confirmed their bullish odds on the daily frame. SPX targets – $4750, then $4900.

From the yesterday’s report: “The candles are sufficiently supported by indicators, the odds are bullish, and the most expected path for tomorrow would be upwards.”
I am expecting the rally to continue tomorrow. The target would be to flip the weekly odds bullish as well.

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ELLIOTT WAVES

SPX
SPX has completed a standard motive wave off the yesterday’s lows and is possibly working on wave iii of (iii). The green path remains the primary until invalidated.

If SPX moves through $4750-4760 area, it would open the next target $4850-4950 that was discussed in the earlier post:
https://investingangles.com/2021/12/21/spx-next-target-21-12-2021-spy-investing-spx-trading-es_f-sp500-dowjones-ndx/

SPX Long Term Forecast (Bullish) 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/

If the weekly/monthly candles make bearish formations, a bear path becomes primary:
https://investingangles.com/2021/12/19/spx-long-term-forecast-bear-19-12-2021-spy-investing-spx-trading/

DJIA
DJIA maintains the bullish counts as well.


Recently I shared the mid-term and long-term 2022-2023 forecasts for DJIA. They can be viewed by the links below.

DJIA Mid Term Forecast & Target:
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/

NQ short term Forecast:
https://investingangles.com/2021/12/22/nq-road-map-update-4-22-12-2021-ndx-elliiottwave-fintwit-qqq/


Good luck!

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