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April 25th, 2012: PUG Premium Service Discount Offer

Posted by pugsma on April 25, 2012

April 25th, 2012:  Sign-up for the final two months of Q2-2012 (May to June) Premium Service at the pro-rated price of $60 and get the balance of April for free.   Click the Google Check-out Store link to make a payment.

We had yet another VERY profitable past two days here at PUG SMA, LLC as I predicted EOD on Monday, April 23rd that the SP-500 would rise 30 to 40 points to 1393 to 1402 (see the EOD blog post excerpt from 4-23 below).  And here we are two trading days later at 1390.

Protected: April 23rd, 2012: Update 2 – EOD

Posted by pugsma on April 23, 2012

5:30 pm EST:  There is a 1-week long positive divergence on the $NYMO with respect to the SPX price.   I’m expecting the SPX to move up 30 to 40 points over the next several days per the primary count.   Also, the 60-min MACD is near a bull-cross with positive divergence.

The primary count is that this drop to 1359.79 is part of the minor E of major [4]-P1-C3 wave.  Remaining above the minor C wave low of 1357.38 is not a requirement, as the minor E wave must only hold above the Minor A wave low of 1340.03.  However, in order for this primary count to have the “right look” a hold of this 1363 pivot area (i.e. 1363-7 = 1356) is important.  The close today above the 1363 pivot is bullish.  I have today’s first move to 1366 as wave (1) of minor 1 of major [5]-P1 and the correction to 1361 as wave (2).  Next I’m expecting a wave (3) move up to 1390, where (3)=4.22*(1).  The target area for minor 1 is 1393 to 1402.  And the minimum triangle target for major [5]-P1-C3 is now at 1441 (1359 + 82) with the maximum still at 1504 (1422 + 82).

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Enjoy tonight’s music video selection from The Hives – “Giddy Up!”

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