--- title: "S&P 500 Elliott Wave Weekly Update - Sunday, Dec. 14" type: "News" locale: "en" url: "https://longbridge.com/en/news/269632625.md" description: "The S&P 500 Elliott Wave Weekly Update discusses the current market structure and potential future movements, emphasizing the 6800 support level. Recent volatility is attributed to options expiration and year-end rebalancing, with a 60%-70% probability of the market ending higher by year-end. The update also covers cash vs. futures markets, gamma levels, and volatility triggers, presenting multiple scenarios for near-term market direction." datetime: "2025-12-14T17:20:43.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/269632625.md) - [en](https://longbridge.com/en/news/269632625.md) - [zh-HK](https://longbridge.com/zh-HK/news/269632625.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/269632625.md) | [繁體中文](https://longbridge.com/zh-HK/news/269632625.md) # S&P 500 Elliott Wave Weekly Update - Sunday, Dec. 14 _Image Source: Unsplash_ In this comprehensive video, I provide an Elliott Wave weekly update for the S&P 500, discussing the current market structure and potential future movements. I analyze various timeframes, from the grand super cycle down to the minute wave level, and highlight the importance of the 6800 support level in the SPX. I attribute recent market volatility to options expiration and year-end rebalancing by fund managers rather than macroeconomic factors. I note that algorithms still suggest a 60%-70% probability of the market finishing higher by year-end, though there's also a 20% chance of a significant decline. I also discuss the difference between cash and futures markets, and the impact of gamma levels and volatility triggers on market movements. I conclude by presenting multiple scenarios for the market's near-term direction and mention that the next update would be on Monday. _00:49:24_ * * * _More By This Author:_ Nasdaq 100 Elliott Wave Daily Update - Tuesday, Dec 11 Nasdaq 100 Elliott Wave Daily Update - Tuesday, Dec 9 Nasdaq 100 Elliott Wave Weekly Update - Sunday, Dec. 7 ## Related News & Research - [Report reveals inflation will come roaring back under Trump](https://longbridge.com/en/news/281421192.md) - [H-1B visa wages: Is US comparing foreign workers with Americans unfairly?](https://longbridge.com/en/news/281008314.md) - [Booker on Trump paying TSA: 'Why didn't he do this weeks ago'](https://longbridge.com/en/news/280917023.md) - [Analysis: Trump's Iran speech ignores the risks of a return to the 1970s](https://longbridge.com/en/news/281429917.md) - [Trump Said 'We're Fighting Wars, We Can't Take Care Of Daycare' — Elizabeth Warren Wants You To Imagine An Alternative Universe](https://longbridge.com/en/news/281478585.md)