SP500 technical analysis for today December 29th 2021 using Elliott Wave Theory- The bulls took a break today and allowed the market to consolidate. I am looking for a wave iv pullback to the 4743-4711 ES region on the SP500 before we begin our next push higher toward 4900 ES.

SP500 technical analysis using Elliott Wave Theory is also telling us that if they can’t hold the 4677 support then it is likely they are going to test much lower in a down move that could fall very fast on the SP500