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November 21st, 2013: SP-500 EOD Update

Posted by pugsma on November 21, 2013

6:10 pm EST:   The primary count is that 1777 marked end of wave (2) of minor 3 of major [5]-P3-C1 and wave (3) of minor 3 is underway.  The wave (3) of minor 3 target is at 1867, where (3)=1.62*(1).   The minor 3 target is at 1905, where minor 3 = 1.23*minor 1.  And the major [5]-P3-C1 of target is 1941 to 1993, where P3=1.23*P1 or [5]=[1].  This primary count remains valid above the 1777 low.  However should 1777 be breached, the primary can still remain valid with wave (2) of minor 3 above 1746.  Below 1746, the alternate (blue) count takes over as the primary count.

The alternate (blue) count is that wave (4) of minor 5 of major [5]-P3-C1 ended at 1777 and that the final wave (5) of minor 5 is underway.   There is a (5)=(1) target 1804 and the minor 5 = 0.62*minor 1 target is at 1810.

SP-500 15-min chart (EOD):

PUG SP-500 15-min chart EOD 11-21-13

SP-500 60-min chart (EOD):

PUG SP-500 60-min chart EOD 11-21-13

SP-500 4-hr chart (EOD):

PUG SP-500 4-hr chart EOD 11-21-13

This entry was posted on November 21, 2013 at 6:12 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.

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