SP500 technical analysis for today January 4th 2022 using Elliott Wave Theory- The market has finally given us the 5 wave rally we have been looking for to setup our breakout pattern. Looking for the market to top around the 4800 ES region before pulling back in wave 2 toward the 4775-68 ES area on the SP500

SP500 technical analysis using Elliott Wave Theory is also telling us that if they hold wave 2 support and take out the wave 1 high we should be on a breakout alert targeting the 4850-4910 ES region on the SP500.