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.

March 4th, 2016: SP-500 EOD Update

Posted by pugsma on March 4, 2016

5:00 pm EST:  The primary (red) count is that minor C of major [2]-PC-C2 wave looks to be topping out here at 2009 between the typical 62% Fibonacci retrace target of 2000 and the 2019 pivot.   The major [3]-PC wave headed below 1810 towards 1600 should be underway soon.

The alternate (blue) count is that this move up to 2009 from 1810 is only minor A of major [2]-PC-C2.  Once minor A completes, there will be a deep 50%/62% to 1910/1886 for minor B into late March before minor C of major [2] completes near the 2019 pivot in late April.

SP-500 15-min chart (EOD):

PUG SP-500 15-min EOD 3-4-16

SP-500 60-min chart (EOD):

PUG SP-500 60-min EOD 3-4-16

SP-500 4-hr chart (EOD):

PUG SP-500 4-hr EOD 3-4-16

SP-500 daily chart (EOD):

PUG SP-500 Daily EOD 3-4-16

SP-500 weekly chart (EOD):

PUG SP-500 weekly EOD 3-4-16

Sorry, the comment form is closed at this time.

 
%d bloggers like this: