S&P 500 Elliott Wave, Weekly Update

Technical Analyst & Trader • Jan 11, 2026 at 9:18 AM EST

A look at the S&P 500's current market position and potential future movements.

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In this week's podcast I discuss the S&P 500's current market position and potential future movements. I explain that the market is near the end of minor wave 5 of intermediate wave 5, which is part of a larger cycle wave 3 that began in 1949. l analyze various factors that could impact the market, including the Supreme Court's upcoming ruling on tariffs, potential rate cuts by the Federal Reserve, and upcoming bank earnings reports. I also discuss the technical aspects of Elliott Wave theory and how it applies to current market conditions. I conclude that while the market could still move higher, there is also potential for a significant correction, and I will continue to monitor developments closely for the next update.

Video Length: 00:47:54

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