M4: Mid-week Market Macro-Micro & Technical Analysis with Elliott Wave: 21 November 2023
Closelook@ US Stock Markets
S&P 500 and NASDAQ Poised to Surge to Fresh Peaks in New Bull Market
On July 31 this year, the S&P 500 peaked at 4588.96 (as shown in the chart). Yesterday, it closed at 4547.38, aligning with the resistance level that links the March 2022 high with the current closing price.
SP 500 looks like it is advancing further in the weeks ahead
