SP500 Technical Analysis 12-3-21 (Elliott Wave Theory)

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SP500 technical analysis for today December 3rd 2021 using Elliott Wave Theory. The market raced higher in what is a clearly corrective structure which points us lower. Whether that is a quick flush to 4475-85 ES or a big flush later on to 4350 until the bulls can give us an impulsive structure up we are pointing lower on the SP500

SP500 technical analysis using Elliott Wave Theory is telling us that if we get the move over Thursday’s high it’s likely the instant flush to 4475-85 ES is off the table and we track the bigger ABC or leading diagonal on the SP500.

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.

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