PUG Stock Market Analysis, LLC

Elliott Wave Technical Analysis and Commentary on the Stock Market

November 10th, 2015: SP-500 EOD Update

Posted by pugsma on November 10, 2015

4:45 pm EST:   The minor 4 of major [C]-PB-C2 wave could be complete at the 38% FIB retrace of 2068 as a double Zig-Zag or might need one more move lower to test the 2046 pivot to complete as a triple Zig-Zag.  In either case, once minor 4 completes, next up should be a minor 5 wave re-test of the 2135 all-time high or above to 2193.  There is a double bottom (1867,1872) target at 2170.  Note: it will take a break below 2022 to call the PB-C2 top.

SP-500 15-min chart (EOD):

PUG SP-500 15-min EOD 11-10-15

SP-500 60-min chart (EOD):

PUG SP-500 60-min EOD 11-10-15

SP-500 4-hr chart (EOD):

PUG SP-500 4-hr EOD 11-10-15

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