SP500 technical analysis and NASDAQ analysis for today February 3rd 2023 using Elliott Wave Theory- The market pushed higher before pulling back at the close. Are the bulls done?

SP500 Technical Analysis

SP500 technical analysis is telling us that the SP500 pushed up to our 4207 target then pulled back as expected. We could see another push to 4245 before a pullback but ultimately expect to see a pullback toward 4090 and then a launch toward 4300.

However, they break below 4054 we could see a rapid selloff.

NASDAQ Analysis

NASDAQ analysis is telling us that the NASDAQ pushed all the way to the 1.618 ext at 12950 before pulling back a bit at the close. Now we expect a small pullback before we push toward 13300. However if they break the 12322 area we could see a rapid selloff.