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August 16th, 2013: Mid-day/EOD Update

Posted by pugsma on August 16, 2013

12:30 pm EST:   No changes in the primary or alt (red) counts.  The primary count looks there should be a wave (4) and then one more low for wave (5) below 1656 to complete minor A of major [C]-P4-C1.  However, there is one key change in the alt (blue) count. It looks like we have 5-wave down to 1656 for the completion of minor C of Major [2]-P5-C1.  Major [3] up towards 1792 should be underway per the alt (blue) count.

Have a nice weekend.

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

PUG SP-500 15-min chart MD 8-16-13

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

PUG SP-500 60-min chart MD 8-16-13

SP-500 4-hr chart (mid-day):

PUG SP-500 4-hr chart MD 8-16-13

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