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):
SP-500 60-min chart (EOD):
SP-500 4-hr chart (EOD):
SP-500 daily chart (EOD):
SP-500 weekly chart (EOD):
3:50 pm EST: Here is a quick 60-min chart update before the close.
SP-500 60-min chart (3:50 pm EST):
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