Skip to content

SP500 – Road Map Alert

•
513

In this quick report, we track the immediate short-term road map for the index, review the key technical signals now in focus, and outline the most probable paths for the next move.

Elliott Waves

Last Wave

The technical footprint of the current wave suggests that it is likely either wave (iii) or wave (c). A break below the green rectangle would be dangerous.

A close at this level would also damage the weekly frame, which already carries bearish candles for both SPX and Nasdaq.