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October 28th, 2015: SP-500 EOD Update

Posted by pugsma on October 28, 2015

5:35 pm EST:  With today’s move above the 2079 pivot and close at 2090, it’s clear that Cycle (C2) is now going to either be a flat (primary red count) and retrace 88%/100% of Primary A (PA) during the Primary B (PB) wave to 2103/2135 or an expanded flat (alternate blue count) and retrace 123% of PA during the PB wave to 2197.  Wave count ST/IT details for both count are shown the 15-min, 60-min and 4-hr charts below.   It will take a break below the key E-wave levels of 2063 and 2059 to begin to confirm the PB-C2 top is in place.

SP-500 15-min chart (EOD):

PUG SP-500 15-min 10-28-15

SP-500 60-min chart (EOD):

PUG SP-500 60-min 10-28-15

SP-500 4-hr chart (EOD):

PUG SP-500 4-hr 10-28-15

SP-500 daily chart (EOD):

PUG SP-500 daily 10-28-15

SP-500 weekly chart (EOD):

PUG SP-500 weekly 10-28-15

SP-500 monthly chart (EOD):

PUG SP-500 montly 10-28-15

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