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Elliott Wave Forecast: S&P 500 (SPX) Targets 6639 in Final Wave (5)

The Elliott Wave cycle, initiated at the April 7, 2025 low, is progressing as an impulse structure, driving the Index upward. Wave (1) reached a high of 5267.47, followed by a wave (2) pullback to 4910.42. The Index then surged in wave (3) to 6427.02, as depicted in the one-hour chart. A corrective wave (4) concluded at 6212.42, structured as a zigzag. Within this correction, wave A dropped to 6327.6, wave B climbed to 6339.89, and wave C finalized the decline at 6212.4, completing wave (4) in the higher degree.
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Elliott wave Forecast
Elliott wave Forecast

Elliottwave-Forecast.com (by EME PROCESSING AND CONSULTING LLC) was founded in 2005 by Eric Morera. Since inception our company has provided tailored Financial Market Services to thousands of clients. ElliottWave-Forecast has built a reputation on accurate technical analysis and a winning attitude. By successfully incorporating the Elliott Wave Theory with Market Correlation, Cycles, Proprietary Pivot System, we provide precise forecasts with up-to-date analysis for 52 instruments including FX majors, Gold, Silver, Copper, Oil, TNX and major Equity Indices. Our clients also have immediate access to our proprietary Actionable Trade Setups, Market Overview, 1 Hour, 4 Hour, Daily & Weekly Wave Counts. Weekend Webinar, Live Screen Sharing Sessions, Daily Technical Videos, Educational Resources, and 24 Hour chat room where they are provided live updates and given answers to their questions. 

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