SP500 technical analysis for today December 31st 2021 using Elliott Wave Theory- The market head faked then sold off at the close. The move down is finally giving us the C wave path we have been discussing targeting 4743-4711 ES on the SP500.

SP500 technical analysis using Elliott Wave Theory is also telling us that if they can’t hold the 4711 ES area we should be on alert for a bearish move down through the pivot. This move could drop 2-300 pts very quickly on the SP500