April 29th, 2016: SP-500 EOD Update
Posted by pugsma on April 29, 2016
5:00 pm EST: Just a quick chart dump for the end of the week and month. The SPX closed at 2065 above all the key SMA’s: daily (50-day SMA: 2032), weekly (50-week SMA: 2035) and monthly (20-month SMA: 2037). Thus, keeping the bulls in charge for now with alternate (blue) count very much alive. It will take a move below the critical E-wave count level of 2034 to put the bears back in charge per the primary (red) count.
Have a great 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):
SP-500 monthly chart (EOD):
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