SP500 Technical Analysis 1-6-22 (Elliott Wave Theory)

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SP500 Technical Analysis 1-6-22 (Elliott Wave Theory)

by jcgabbard
January 17, 2022
0

SP500 technical analysis for today January 6th 2022 using Elliott Wave Theory- The bulls fail and the bears crush them. We have now pushed through the pivot indicating a local top is in place. This means we are in the C wave of 4 down and it looks like wave 1 will target 4650-4620 ES on the SP500.

SP500 technical analysis using Elliott Wave Theory is also telling us that once this wave 1 bottoms we should see a wave 2 bounce to as high as 4780 on the SP500.

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My name is Jacob Gabbard. I'm an avid investor a father and a husband. I have been investing for over 20 years after my dad got me into it. I've been hooked ever since. I started this site to help new traders understand the Elliott Wave Theory methodology as well as teach people solid investing strategies so they can build their own wealth. I also love to teach and will be launching several programs to teach investing as well as Elliott Wave Theory to anyone that want's to learn. I release daily market updates on my YouTube Channel Invest With Jacob. I hope to work with you directly on your investing journey.