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March 2nd, 2015: SP-500 EOD Update

Posted by pugsma on March 2, 2015

3:15 pm EST:  The primary count is wave (4) of minor 3 of major [3]-P5-C1 completed at 2104 as a double Zig-Zag near the 23% retrace of 2101.   Wave (5) of minor 3 should now be under and is likely headed 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 3-2-15

SP-500 60-min chart (EOD):

PUG SP-500 60-min chart EOD 3-2-15

SP-500 4-hr chart (EOD):

PUG SP-500 4-hr chart EOD 3-2-15

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