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.

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

Sorry, the comment form is closed at this time.

 
%d bloggers like this: