SP500 technical analysis for today December 28th 2021 using Elliott Wave Theory- The bulls continued there push higher today breaking out to new all time highs. From here we are looking for a top in wave iii of (3) and a pullback toward 4715 ES to complete a wave iv pullback. Then a move higher in v of 3 toward 4870-4930 on the SP500.

SP500 technical analysis using Elliott Wave Theory is also telling us that if they can’t hold the 4677 support then it is likely they are going to test much lower in a down move that could fall very fast on the SP500