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May 28th, 2013: Mid-day/EOD

Posted by pugsma on May 28, 2013

1:40 pm EST: Here is quick 15-min and 60-min SPX chart update for today.

Primary count is looking for at leat 1676 for wave iii-(5) of minor 5 of major [3]-P3-C1 and 1694 for wave v-(5).

Alternate (blue) count is looking for wave (2) of minor A or major [4]-P3-C1 to end below 1687 and move down to continue for wave (3) toward 1596 support. The minor A target is near 1576 support and ultimately major [4] should reach the 1527 area (38% retrace).

SP-500 15-nin chart (mid-day):

PUG SP-500 15-min EOD 5-28-13

SP-500 60-min chart (mid-day):

PUG SP-500 60-min EOD 5-28-13

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