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Welcome to the captivating world of SP500 technical analysis, where we unlock the secrets of the market using Elliott Wave Theory. Join us on this journey as we delve into the latest insights and trends shaping today's trading session.

SP500 Technical Analysis

In our SP500 technical analysis using Elliott Wave Theory the market pushed higher last week into this week and is setup to push to the next targets at the 5650-60 area. From there we would look for a potential reversal and a break of key support. However as long as we are above 5520 the market is bullish and they are in control.

If the bears can break 5610 then 5585 then 5520 we would look for continuation and acceleration to the downside.

NASDAQ Technical Analysis

Shifting our attention to the NASDAQ, using Elliott Wave Theory the NQ also pushed higher last week and is set to push to it's next targets at the 20701-910 area. From there we would look for a potential reversal. However as long as they remain over 19715 the market is bullish and they are in control.

If the bears can break 20535 20350 then 19715 then the bears can accelerate and look lower.

Stay Informed with Elliott Wave Theory

As we continue our journey through SP500 and NASDAQ technical analysis, guided by the powerful Elliott Wave Theory, our goal is to keep you well-informed about the market's ever-evolving trends and the abundant opportunities it offers. Think of it as having a trusty compass in the vast sea of trading, helping you navigate through the dynamic landscape of today's financial markets.

So, stay tuned for more updates and insights, and may your trading journey be as thrilling as the markets themselves.

SP500 technical analysis and NASDAQ analysis using Elliott Wave Theory is the most accurate way to define targets for the market. Check us out on Instagram and our website linked above.

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