The S&P 500 is slightly positive as we continue to just hang out around the 6,500 level. The 6,500 level of the course is a large, round, psychologically significant figure that a lot of people will be paying attention to. Short-term pullbacks will be buying opportunities. And of course, we have the uptrend line at the bottom of the channel that’s backed up by the 50 day EMA, somewhat like the NASDAQ 100, that offers support as well.
ELLIOTT WAVE FX TRADING
US500 TRADING PROJECTION
9 SEPTEMBER 2025
The S&P 500 is slightly positive as we continue to just hang out around the 6,500 level. The 6,500 level of the course is a large, round, psychologically significant figure that a lot of people will be paying attention to. Short-term pullbacks will be buying opportunities. And of course, we have the uptrend line at the bottom of the channel that’s backed up by the 50 day EMA, somewhat like the NASDAQ 100, that offers support as well.
3 months ago | [YT] | 2