SP500 technical analysis for today December 30th 2021 using Elliott Wave Theory- Another day of consolidation. Right now it’s looking like we may trade in a wave 4 flat where correct more in time than in depth. The key will be holding the 4770ES low and breaking out over 4798 ES on the SP500.

SP500 technical analysis using Elliott Wave Theory is also telling us that if they can’t hold the 4770 ES low then we are likely looking at a C wave down to complete 4 in the 4743-4711ES area on the SP500.