SP500 technical analysis for today December 8th 2021 using Elliott Wave Theory- The bulls charged forward today extending wave three and putting the bears backs against the wall. They now need a wave 4 pullback to the 4640-65 ES region and a wave 5 toward the all time highs to complete this move up and shift the market into full bull mode on the SP500
SP500 technical analysis using Elliott Wave Theory is telling us that for the bears to prove otherwise they need to push this back below 4620 to get the ball rolling downhill in a C wave that would target the 4350 ES region on the SP500