SCI-SCV, SCA-SCC: Super Cycle
C1-C5, CA-CC :Cycle
P1-P5, PA-PC : Primary
[1]-[5], [A]-[C] : Major
1-5, A-C : Minor
(1)-(5), (a)-(c) : Minute
i-v, a-b : Minuette
Primary Count:
White/Green (Bull Market)
White/Red (Bear Market)
Alternate Count: Blue
To join the Premium Service follow this link: PUG Premium Service Sign-up. You must agree to the Terms of Service (TOS) and make a payment via a credit card Buy Now link or check in the mail. I will then send you the password to view the premium content. If you have questions send an e-mail to: pug.sma.llc@gmail.com.
Posted by pugsma on December 18, 2009
The SP-500 traded up between 1100 and 1103 in the early morning action, so the bullish option is a go for now. The SP-500 will need to get over the 20-day SMA of 1103, close the 1106 to 1108 gap and finish above 1105 today for me to believe that we have entered the wave (3) up (see the 1-min chart).
1-min Chart:
This entry was posted on December 18, 2009 at 3:10 pm and is filed under SP-500. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
Sorry, the comment form is closed at this time.