SP500 technical analysis and NASDAQ analysis for today July 17th using Elliott Wave Theory- The market pushes higher then starts to sell the second 1/2 of the day. Is the top in?

SP500 Technical Analysis

SP500 Technical analysis is telling us that the market pulled back off of Friday’s high and iat a key time here. If

However, if they break it down below 4481 ES that should be considered a warning to the bulls.

NASDAQ Analysis

NASDAQ analysis is telling us that the NASDAQ reached the 15700 area and has clear parameters. If they can hold above 15360 then pressure remains up to the 15794 area. Overall we are expecting resistance in this area and looking for a pullback that will tell the story.

However, if they break down below 15360 then that should be a warning to the bulls.