March 3rd, 2016: SP-500 Wave Count Update
Posted by pugsma on March 3, 2016
10:40 am EST: The primary (red) count is that minor C of major -PC-C2 wave continues to play out toward the typical 62% Fibonacci retrace target of 2000. Minor C looks to playing out as an ending diagonal.
The alternate (blue) count is that this move up to 1986 from 1810 is only minor A of major -PC-C2. Also, minor A looks to playing out as a leading diagonal with maximum target of 2004. Once minor A complete, there will be a deep 62%/78% retrace to 1887/1849 for minor B into mid-to-late March before minor C of major  completes near the 2019 pivot in late April.
SP-500 15-min chart (mid-day):
SP-500 60-min chart (mid-day):
SP-500 4-hr chart (mid-day):
SP-500 daily chart (mid-day):
SP-500 weekly chart (mid-day):
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