March 17th, 2016: SP-500 EOD Update
Posted by pugsma on March 17, 2016
5:00 pm EST: Today the VIX Buy, SPX Sell signal step 1 was triggered at the close (see SPX vs NYMO vs VIX chart below).
Today the major -PC-C2 wave filled the 2038 to 2043 gap (primary red count) at 2046 and still could extend to the 2079 to 2084 area (alternate blue count). Potential targets for major  are the 78% retrace at 2049, the 88% retrace at 2079 and the double bottom target at 2084. The SP-500 price still needs to break below 1970 and then 1963 to confirm the major  top.f
SP-500 15-min chart (EOD):
SP-500 60-min chart (EOD):
SP-500 4-hr chart (EOD):
SP-500 daily chart (EOD):
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