S&P 500 Elliott Wave Theory Technical Analysis

S&P 500 hits our 2132 target.

S&P500 has in the last few trading days hit our goal at 2132. This is what we wrote a while back in the analysis updates available in the S&P500 Elliott Wave Theory analysis section:

S&P500 analysis excerpt

Now to be fair, not all our predictions are hit, of course. However, this target is of some importance, because it completes certain minimum criteria in an increasingly probable 2-year formation, and it carries important implications for the next 3-6 months.

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Carl Malmberg
Carl Malmberg
Technical Analyst at EWT Investing
Carl has analyzed and traded the financial markets 14+ years.
Developer of the Extended Elliott Wave Theory, a series of extensions made to the original Elliott Wave Theory.