SP500 technical analysis for today January 11th 2022 using Elliott Wave Theory- The market broke our 4625 low then catapulted up over that level throwing things into a mess. We have an ending diagonal in both directions and how it plays out will take time on the SP500.

SP500 technical analysis using Elliott Wave Theory is also telling us that wave 5 of the ED targets 4850 ES whereas wave C targets the 4440 ES region. This is a tough market to analyze right now so it’s bets to be patient in your trading of the SP500.