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August 10th, 2015: SP-500 EOD Update

Posted by pugsma on August 10, 2015

7:55 pm EST:  The primary (white/green) count is that wave minor 3 of major [3]-PA-C2 is underway with minor 2 of major [3] complete at 2114.   The minor 3 of major [3] should head below 2000, where minor 3 = 1.62*minor 1 at 2002 and major [3]=1.62*[1] at 1986.   Within minor 3, wave (1) ended at 2068, wave (2) is underway and should complete at the 78%/88% retrace of 2103/2108 and once wave (2) completes wave (3) should drop to 2030, where (3)=1.62*(1) (see the 15-min and 60-min chart for details).   Ultimately PA-C2 should reach at least 1954 (62% retrace of the P5-C1 Ending Diagonal) and maybe 1889 (78% retrace of the P5-C1 Ending Diagonal).  The primary count remains valid for minor 2 wave below 2133.

SP-500 15-min chart (EOD):

PUG SP-500 15-min EOD 8-10-15

SP-500 60-min chart (EOD):

PUG SP-500 60-min EOD 8-10-15

SP-500 4-hr chart (EOD):

PUG SP-500 4-hr EOD 8-10-15

SP-500 daily chart (EOD):

PUG SP-500 daily EOD 8-10-15

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