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October 2nd, 2013: SP-500 EOD Update

Posted by pugsma on October 2, 2013

6:05 pm EST:  No change in the wave counts after today’s price action.  For the primary count the (y)=(w) target for the completion of the double zig-zag minor 2 corrective wave is now 1702 which is the 50% retrace of minor 1.  There are higher targets also at the 62% retrace of 1709 and the (y)=1.62*(w) at 1715.  As long as minor 2 remains below 1730, the primary count remains valid.

SP-500 15-min chart (EOD):

PUG SP-500 15-min chart EOD 10-2-13

SP-500 60-min chart (EOD):

PUG SP-500 60-min chart EOD 10-2-13

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