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SP500 – Daily Analysis

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We examine the S&P 500 using our established multi-frame playbook, blending candlestick reads, technical indicators, and Elliott Wave structures. This lets us pinpoint momentum shifts, gauge probabilities across short-, mid-, and long-term horizons, and map the most likely paths. Today’s Daily Analysis applies this framework to interpret the latest signals and outline potential scenarios.

CANDLES

No surprises today. While SPX printed a neutral-bullish combo on the daily frame, the 2D and 5D closed with solid bullish continuation candles. Odds favor a continued rally this week.

Short term: SPX — moderately bullish
Mid term: SPX — bullish
Long term: SPX — bullish

Elliott Waves

SPX

Mid Term

The purple count remains primary. The green count stays on the chart, but its probability is decreasing.

Short Term

No changes at the micro level.

SUMMARY

SPX remains bullish across all frames, though with varying degrees of strength.

Short term: SPX — moderately bullish
Mid term: SPX — bullish
Long term: SPX — bullish

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Happy Trading!