SP500 technical analysis for today November 3rd 2021 using Elliott Wave Theory- The market grinded higher and then sideways as we approach the FED meeting. With the break of the all time highs it opens the door to 4642 ES before we pullback. However we do have 5 waves up (although sloppy) on the SP500.

SP500 technical analysis using Elliott Wave Theory is also telling us that with a 5 wave structure in place we should be on the lookout for a pullback from this area if we don’t move up to 4642 ES. The pullback will most likely be wave 2 but does have the outside chance of being a C wave.

SP500 technical analysis using Elliott Wave Theory is the most accurate way to define targets for the market. Check us out in our Facebook Group “Invest with Jacob” where I give real time market updates during trading hours.