PUG Stock Market Analysis, LLC

Elliott Wave Technical Analysis and Commentary on the Stock Market

October 7th, 2016: SP-500 Chart Update

Posted by pugsma on October 7, 2016

2:05 pm EST:  Still no resolution to the 2142 to 2175 SP-500 price range.   However the triangle looks to be complete for both the primary (green) and alternate (blue) wave counts.  Now it’s simply a matter of breaking above 2175 (primary) or below 2142 (alt blue) in order to confirm the next ST directional move.

Have super weekend !

SP-500 15-min chart:

pug-sp-500-15-min-10-7-16

SP-500 60-min chart:

pug-sp-500-60-min-10-7-16

SP-500 4-hr chart:

pug-sp-500-4-hr-10-7-16

SP-500 daily chart:

pug-sp-500-daily-10-7-16

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