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December 23rd, 2013: SP-500 EOD Update

Posted by pugsma on December 23, 2013

10:30 pm EST:  Yet another new all-time SP-500 at 1830 was hit today.   As often happens during the initiation phase of a new bull impulse move, the first wave likes to extend.  This could be happening here.  Also wave 2’s are typically very shallow.  Details are shown below on the 15-min chart below.

SP-500 15-min chart (EOD):

PUG SP-500 15-min chart EOD 12-23-13

SP-500 60-min chart (EOD):

PUG SP-500 60-min chart EOD 12-23-13

SP-500 4-hr chart (EOD):

PUG SP-500 4-hr chart EOD 12-23-13

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