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October 21st, 2014: SP-500 EOD Update

Posted by pugsma on October 21, 2014

2:40 pm EST:  With the strong move above the 1926 pivot today, I moved the wave degrees up one level from minor to major.   For the primary wave count, I’m looking for major [1]-P5-C1 to reach 1991 to 2019 pivots in the coming week or two.  The alternate (blue) count major [B]-P4-C1 of the large contracting triangle wave should end at the 1956 to 1968 pivot range in the next few days.  Count details shown on the charts below.

SP-500 15-min chart (EOD):

PUG SP-500 15-min chart EOD 10-21-14

SP-500 60-min chart (EOD):

PUG SP-500 60-min chart EOD 10-21-14

SP-500 4-hr chart (EOD):

PUG SP-500 4hr chart EOD 10-21-14

 

SP-500 daily chart (EOD):

PUG SP-500 daily chart EOD 10-21-14

 

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