PUG Stock Market Analysis, LLC

Elliott Wave Technical Analysis and Commentary on the Stock Market

July 18th, 2016: SP-500 EOD Update

Posted by pugsma on July 18, 2016

5:15 pm EST:   The past two days, the SP-500 price appears to have been consolidating in a minute wave (4) of minor 3 of major [3]-P5-C1.  Next a further move to the upside is likely for wave (5) of minor 3 toward the 2191 target, where minor 3 =1.  Also, wave (5)=(1) at 2205.

SP-500 15-min chart (EOD):

PUG SP-500 15-min EOD 7-18-16

SP-500 60-min chart (EOD):

PUG SP-500 60-min EOD 7-18-16

SP-500 4-hr chart (EOD):

PUG SP-500 4-hr EOD 7-18-16

 

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