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February 25th, 2015: SP-500 EOD Update

Posted by pugsma on February 25, 2015

6:10 pm EST:  The primary count is wave (3) of minor 3 of major [3]-P5-C1 completed today at 2120 near the wave (3) = 1.23*(1) target of 2122.  Wave (4) should be a 23%/38% Fibonacci retrace to 2102/2089, before wave (5) of minor 3 heads to a target of 2177, where minor 3 = 1.62*minor 1.   The major [3] target is at 2232 where [3]=[1].   Ultimately P5-C1 should reach at the least the P5 = 0.62*P1 = 2254 target by the summer of 2015 and there is the possibility that P5 could extend to the P5 = P1 = 2524 target by the end of 2015 (see the alternate (blue) count on the daily chart).

SP-500 15-min chart (EOD):

PUG SP-500 15-min chart EOD 2-25-15

SP-500 60-min chart (EOD):

PUG SP-500 60-min chart EOD 2-25-15

SP-500 4-hr chart (EOD):

PUG SP-500 4-hr chart EOD 2-25-15

This entry was posted on February 25, 2015 at 6:12 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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