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February 5th, 2015: SP-500 Mid-day/EOD Update

Posted by pugsma on February 5, 2015

10:55 pm EST:  The primary count is that minor 2 of major [3]-P5-C1 ended at 1981 just above the 1972 threshold for invalidation.   Wave minute (1) of minor 3 completed its 5-wave move up at 2050.   Wave minute (2) was a flat that completed at 2037.   Wave (3) should make a new ATH above 2094 with a target of 2149, where (3)=1.62*(1).   Minor 3 should reach 2177, where minor 3=1.62*minor 1,.  Major [3] should reach 2232, where [3]=[1].   P5-C1 should reach at least 2254, where P5=0.62*P1.    The primary count remains valid above 1981.

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

PUG SP-500 15-min chart MD 2-5-15

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

PUG SP-500 60-min chart MD 2-5-15

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

PUG SP-500 4-hr chart MD 2-5-15

SP-500 daily chart (mid-day):

PUG SP-500 daily chart MD 2-5-15

SP-500 weekly chart (mid-day):

PUG SP-500 weekly chart MD 2-5-15

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