July 30th, 2014: SP-500 EOD Update
Posted by pugsma on July 30, 2014
5:05 pm EST: A new lower low below 1967 was made today at 1962, putting some pressure on the primary wave count. However the primary count that minor 5 of major [5]-P3-C1 is underway headed for at least the triangle target of 2027 remains valid above the minor 4 triangle low of 1956. The alternate (blue) got some new life today but needs to break below 1956 to be confirmed and then should end in the 1950 (23% retrace) to 1923 (38% retrace) area. Above 1991 the alternate (blue) count is invalid.
SP-500 15-min chart (EOD):
SP-500 60-min chart (EOD):
SP-500 4-hr chart (EOD):
Sorry, the comment form is closed at this time.