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Sept 19th, 2011: Update 1 – Morning

Posted by pugsma on September 19, 2011

12:30 pm EST:  Here is the updated 15-min chart.

SP-500 15-min chart (12:20 am):

11:35 pm EST:   Just as forecast on Friday, so far today we have seen a drop to the first target of the 1187 pivot for minor B of major [Y]-PB.   It’s possible that this will complete minor B, but if it doesn’t then the second target is the 1177 pivot.  Once minor B is complete, I’m looking for minor C of major [Y]-PB to reach the first target area of 1246.

SP-500 5-min chart (11:16 am): 

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