SP500 technical analysis for today January 13th 2022 using Elliott Wave Theory- The market topped in the A wave and now we look for how the B wave will play out. We are looking for the primary to be a pullback to the 4680 area down to 4637 ES on the SP500. From there we expect a strong rally in C of 5 toward the 4850 ES region.

SP500 technical analysis using Elliott Wave Theory is also telling us that when we get the pullback if it breaks the .618 and .764 fibs we are likely in wave 3 of C down towards 4440-4350 ES on the SP500