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August 9th, 2013: EOD Update

Posted by pugsma on August 9, 2013

5:10 pm EST:  The primary count is that wave iii-(3) of minor A of major [A]-P4-C3 is underway headed for a target at 1658, where iii=2.62*I.   The wave (3) target is a 1637, where (3)=2.62*(1).  And the minor A target is at 1620.

The alternate (blue) count is that wave iii-(c) of minor 2 of major [5]-P3-C1 is underway headed for 1658, where iii=2.62*i.  Wave (c) of minor 2 should reach the (c)=2.62*(a) target of 1637, which is also the 50% retrace of minor 1.

Have a great weekend !

SP-500 15-min chart (EOD):

SP-500 15-min EOD 8-9-13

SP-500 60-min chart (EOD):

SP-500 60-min EOD 8-9-13

SP-500 4-hr chart (EOD):

SP-500 4-hr EOD 8-9-13

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