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December 5th, 2014: SP-500 EOD Update

Posted by pugsma on December 5, 2014

6:30 pm EST:   Today’s move up to 2079 reached the lower end of the 2080 to 2088 target range to complete major [1]-P5-C1 (primary count) or major [3]-P5-C1 (alternate blue count).  Once this major wave up ends, there should be a major [2]-P5 (primary) correction to the 38%/50% fib retrace of 1981/1950 or a major [4]-P5 (alternate) correction to the 23%/38% fib retrace of 2050/2027.  Thus, the next correction size will tell us which wave count is correct.

Have a great weekend !

SP-500 15-min chart (EOD):

PUG SP-500 15-min chart EOD 12-5-14

SP-500 60-min chart (EOD):

PUG SP-500 60-min chart EOD 12-5-14

SP-500 4-hr chart (EOD):

PUG SP-500 4-hr chart EOD 12-5-14

SP-500 daily chart (EOD):

PUG SP-500 daily chart EOD 12-5-14

SP-500 weekly chart (EOD):

PUG SP-500 weekly chart EOD 12-5-14

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