Aligning with the 1D chart, the 4-hour chart also confirms that wave C (orange) has been progressing downward since the 22.16 high, aiming for the 16.86 support level. The invalidation level for this ...

Since reaching its low on April 7, 2025, the S&P 500 (SPX) has embarked on an impulsive rally. From that bottom, the index progressed through distinct waves, as defined by Elliott Wave theory. Wave 1 ...