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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):

PUG SP-500 15-min chart EOD 7-30-14

SP-500 60-min chart (EOD):

PUG SP-500 60-min chart EOD 7-30-14

SP-500 4-hr chart (EOD):

PUG SP-500 4-hr chart EOD 7-30-14

 

This entry was posted on July 30, 2014 at 6:04 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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