SP500 technical analysis and NASDAQ analysis for today February 14th 2023 using Elliott Wave Theory- The market pushes higher into the much anticipated CPI number. Can the bulls keep pushing?

SP500 Technical Analysis

SP500 technical analysis is telling us that the SP500 has pushed higher and has some room to extend toward the 4180-4200 region before seeing a pullback. If they do we would expect a pullback to hold support then a strong push to 4250-4300+

However, they break below support we could see 4k as a C wave down.

NASDAQ Analysis

NASDAQ analysis is telling us that the NASDAQ pushed higher and has the makings of the start to a 5 wave move up toward the 13300-500 region. If they can hold support we would expect a strong wave 3 push towards 13000+ and finishing in the target range.

However if they break support we likely have a date with 11700