PUG Stock Market Analysis, LLC | Technical Analysis Blog

PUG Stock Market Analysis is here to help with SP500, QQQ, IWM, Gold technical analysis, stock analysis and more.

  • Meta

  • Follow Blog via Email

    Enter your email address to follow this blog and receive notifications of new posts by email.

  • Subscribe

  • PUG Wave Labeling

    SCI-SCV, SCA-SCC: Super Cycle
    C1-C5, CA-CC :Cycle
    P1-P5, PA-PC : Primary
    [1]-[5], [A]-[C] : Major
    1-5, A-C : Minor
    (1)-(5), (a)-(c) : Minute
    i-v, a-b : Minuette
    Primary Count:
    White/Green (Bull Market)
    White/Red (Bear Market)
    Alternate Count: Blue

  • Categories

  • Archives

«
»

August 28th, 2013: Mid-day/EOD Update

Posted by pugsma on August 28, 2013

1:25 pm EST: With today’s fresh new low of 1627, we have a candidate for a potential bottom for both the primary and alternate (blue) counts. We need to watch the key indicators of the VIX Sell, SPX Buy and $NYMO positive divergence after the close today and tomorrow in order to confirm the bottom. If it’s not the bottom, then expect this move up to fail between 1648 and 1653, per the primary wave count. The various wave count details are shown on the 15-min chart below.

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

PUG SP-500 15-min chart MD 8-28-13

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

PUG SP-500 60-min chart MD 8-28-13

This entry was posted on August 28, 2013 at 1:26 pm and is filed under SP-500. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

Sorry, the comment form is closed at this time.

«
»
 
%d bloggers like this: