SP500 technical analysis for today December 6th 2021 using Elliott Wave Theory- We got a lower low on Friday which allows the bulls to again build a count off of a low. However our main count is for the market to trace out waves B to 4640-60 and C toward 4350 on the SP500 until the bulls prove otherwise.
SP500 technical analysis using Elliott Wave Theory is telling us that for the bulls to prove otherwise we would need a full 5 wave structure to complete wave 1 in the 4710-40 region on the SP500.