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February 26th, 2014: SP-500 EOD Update

Posted by pugsma on February 26, 2014

4:35 pm EST:  The SP-500 price is acting very indecisive here at the 1849 pivot.   Primary count could be OK as is or might need an adjustment (shown as the “or” white labels on the 15-min chart) to a minor 2 flat headed for 1820, where (c)=1.62*(a) to back-test the 1814 pivot support and form a better right shoulder of the IHS.  We should find out tomorrow.   Alternate (blue) count for minor 5 ED is unchanged.

SP-500 15-min chart (EOD):

PUG SP-500 15-min chart EOD 2-26-14

SP-500 60-min chart (EOD):

PUG SP-500 60-min chart EOD 2-26-14

SP-500 4-hr chart (EOD):

PUG SP-500 4-hr chart EOD 2-26-14

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