US EditionElliott Wave Framework Highlights S&P 500 (SPX) Bullish Impulse - Action Forex
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Elliott Wave Framework Highlights S&P 500 (SPX) Bullish Impulse - Action Forex
The S&P 500 ($SPX) has shown significant correction since its peak on February 17, 2025, before a tariff announcement. We propose that the corrective phase, labeled as wave (II), concluded at 4823. However, for the index to confirm the end of this correction and rule out a potential double correction, it must surpass the prior wave (I) high of 6147.43. Since the wave (II) low, the SPX has embarked on an upward trajectory, characterized as a nest…
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