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Fibonacci Confluence

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S&P 500 Forecast: Elliott Wave Map Puts 7,551 Breakout and 7,348 Support in Focus
FORECASTSJUL 8, 2026
S&P 500 Forecast: Elliott Wave Map Puts 7,551 Breakout and 7,348 Support in Focus
The S&P 500 remains locked in a complex Elliott Wave correction, with traders watching whether price action confirms a renewed rally or a deeper pullback. A move above 7,551 would strengthen the bullish case, while a break below 7,348 could shift attention toward the 7,140 area.