April 8th, 2016: SP-500 EOD Update
Posted by pugsma on April 8, 2016
5:15pm EST: The primary (red) count is that wave major -PC-C2 topped at 2075 and the large major -PC wave down towards the 1575 pivot is underway. The first minor degree wave 1 of major  is underway likely headed toward the 1991 pivot area. Within minor 1, minute wave (3) is underway with an initial target of 2015, where (3) = 1.62*(1). Within wave (3), the drop yesterday from 2067 to 2034 looks like wave i-(3) and the bounce today from 2034 to 2061 for a 78% retrace was wave ii-(3). The wave iii-(3) drop is likely early next week.
Have an awesome spring weekend !!!
SP-500 15-min chart (EOD):
SP-500 60-min chart (EOD):
SP-500 4-hr chart (EOD):
SP-500 daily chart (EOD):
SP-500 weekly chart (EOD):
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