WEBSITE LINK: https://www.investwithjacob.com TIKTOK LINK: https://www.tiktok.com/@investwithjacob MOTLEY FOOL STOCK ADVISOR LINK: https://tidd.ly/3m3O16i I personally use Motley Fool for my long term portfolio and it has delivered incredible results. At only $99 per year it is far and away the best deal you could possibly get for building a long term portfolio. Full disclosure, I do get a commission when you buy through my link but it helps support my channel so I can continue put out great content SP500 technical analysis and NASDAQ analysis for today June4th using Elliott Wave Theory- The market hit 4297 on the futures which is 3 points from our target we set back in October. Now what? SP500 Technical Analysis SP500 technical analysis is telling us that the SP500 has reached a critical area. I expect a little higher from here but overall the downside risk is becoming a factor. I would look for 4320-50 as a topping area then the pullback will tell the story. If it's corrective we can see ATH's, if not we can see a big selloff. However, a break below 4175 should be a strong warning to the bulls that the move up may be over NASDAQ Analysis NASDAQ analysis is telling us that the NASDAQ continued to grind into it's target area. We can see them extend to the 14750-900 area but overall the downside risk is big. The move down will tell the story. However, a break below 14250 is a warning to the bulls that the move up may be out of gas. SP500 technical analysis and NASDAQ analysis using Elliott Wave Theory is the most accurate way to define targets for the market. Check us out on Facebook and our website linked above. #investwithjacob #elliottwavetheory #sp500technicalanalysis