SP500 technical analysis for today January 10th 2022 using Elliott Wave Theory- The market is pushing down in the early after hours trading trying to find a low to build off of. I would expect a bottom tonight and then a reversal in an ABC pattern. From there we would look for a 1,2 setup to short 3 of 3 of C down on the SP500.

SP500 technical analysis using Elliott Wave Theory is also telling us that If the bears fail the bulls have an ending diagonal pattern targeting 4857 ES on the SP500.