PUG Stock Market Analysis, LLC | Technical Analysis Blog

PUG Stock Market Analysis is here to help with SP500, QQQ, IWM, Gold technical analysis, stock analysis and more.

Dec 23rd, 2009: Morning Update

Posted by pugsma on December 23, 2009

Wave v of (3) didn’t quite finish yesterday at 1120.19.  Wave v ended up being an Ending Diagonal and it may have peaked at 1121.57 early this morning (see 1-min chart).

I looks like we have entered into wave (4) down now and the target will be be in the 1110 to 1113 area.

1-min Chart:

15-min Chart:

Sorry, the comment form is closed at this time.

 
%d bloggers like this: