Technical Analysis Blog | PUG Stock Market Analysis, LLC

PUG Stock Market Analysis is here to help with Gold technical analysis, stock analysis and more. Read our technical analysis blog to learn more today.

March 6th, 2015: SP-500 EOD Update

Posted by pugsma on March 6, 2015

4:30 pm EST:  Below are the remainder of the SP-500 chart updates.

The primary count is that wave ii-(3) of minor 3 of major [3]-P5-C1 is complete or nearly complete just below the 62% Fib retrace of 2071.  If it needs to correct more, then the 78%/88% Fib retrace area is at 2059/2050.  The primary count remains valid for wave ii-(3) above the wave (2) low of 2041.88.

The alternate (blue) count is that wave (2) of minor 3 of major [3]-P5-C1 is underway and will target the 50%/62% Fib retrace area of 2051/2034 over the next few days to a week.  This alternate (blue) count remains valid above the minor 2 low of 1981.

Have a wonderful weekend !

SP-500 15-min chart (EOD):

PUG SP-500 15-min chart EOD 3-6-15

SP-500 60-min chart (EOD):

PUG SP-500 60-min chart EOD 3-6-15

SP-500 4-hr chart (EOD):

PUG SP-500 4-hr chart EOD 3-6-15

SP-500 daily chart (EOD):

PUG SP-500 daily chart EOD 3-6-15

SP-500 weekly chart (EOD):

PUG SP-500 weekly chart EOD 3-6-15

3:50 pm EST:  Here is a quick 60-min chart update before the close.

SP-500 60-min chart (3:50 pm EST):

PUG SP-500 60-min chart EOD 3-6-15

Sorry, the comment form is closed at this time.

%d bloggers like this: