See Last Week - Market Analysis for Jun 16th, 2025


I really feel so bad that I have nothing meaningful to add to the analysis over the last week or two.   The market has done nothing but grind inch by inch higher towards the prior all-time highs.  

And, as it stands right now, I do not have a 5-wave decline in place to suggest that the b-wave has topped, nor do I have any pattern in place that is presenting a projection below the 5920SPX support at this time.

I know patience is not terribly easy, but I am personally also waiting patiently with a lot of money raised and sitting on the sidelines.  And, I simply cannot deploy any of that money until I see how the market pulls back in the coming weeks.  

60minSPX
60minSPX
Avi Gilburt is founder of ElliottWaveTrader.net.


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