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September 15th, 2014: SP-500 Mid-day/EOD

Posted by pugsma on September 15, 2014

12:25 pm EST:   Here are the updated 15-min and 60-min charts.

SP-500 15-min chart (mid-day):

PUG SP-500 15-min mid-day 9-15-14

SP-500 60-min chart (mid-day):

PUG SP-500 60-min mid-day 9-15-14

11:15 pm EST:   This choppy wave down from 2011 to 1978 could be a wave (4) of minor 5 of major [5]-P3-C1 (primary) or it could be a more bullish wave (2) of minor 5 of major [5]-P3-C1 (alternate blue).  Primary count wave (4) remains valid above wave (1) at 1945 and the alternate (blue) remains valid above the minor 4 low of 1905.  Also, the alternate red count is still in play, until the SPX price moves above 2011.

Both the primary and alternate blue counts could benefit from the potential triple SPX Buy trigger at the close today.


SP-500 4-hr chart (mid-day):

PUG SP-500 4-hr mid-day 9-15-14

SP-500 daily chart (mid-day):

PUG SP-500 daily mid-day 9-15-14

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