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February 5th, 2014: SP-500 and DJIA-30 Daily and Weekly Chart Update

Posted by pugsma on February 5, 2014

11:25 am EST:  Here is quick update on the DJIA-30 wave count and how it lines up with the SP-500 counts.  Looking for major [4]-P3-C1 to end in the 15,000 area before major [5]-P3-C1 heads to a new high above 16,588 with a target around 18,000.  The alternate (blue) count is that major [A]-P4-C1 will end in the 15,000 area before major [B]-P4-C1 bounce to 15,800 and then major [C]-P4-C1 drop to the 14,200 area.

DJIA-30 daily chart (mid-day):

PUG DJIA-30 daily chart MD 2-5-14

DJIA-30 weekly chart (mid-day):

PUG DJIA-30 weekly chart MD 2-5-14

SP-500 daily chart (mid-day):

PUG SP-500 daily chart MD 2-5-14

SP-500 weekly chart (mid-day):

PUG SP-500 weekly chart MD 2-5-14

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