S&P 500 Extends Impulsive Advance to New Highs
The S&P 500 continues its impulsive advance into new all-time highs, with wave 1 ending at 7147.78 after starting from the March 2026 low. A corrective wave 2 dip has concluded.
SPX
In a recent Elliott Wave outlook, the S&P 500 (SPX) is described as extending its impulsive upward move, pushing into fresh all-time highs. The current cycle began from the March 30, 2026 low, with wave 1 peaking at 7147.78. A corrective dip designated as wave 2 followed, after which the advance resumed.
The analysis—presented in a video—highlights the clear impulsive structure of the current rally. No further details on the depth of wave 2 or targets were provided in the summary.
Source: FXStreet Forex News