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October 25th, 2016: SP-500 Chart Update

Posted by pugsma on October 25, 2016

5:20 pm EST:   The SP-500 price is still coiling above the key 2135 pivot support.   As long as the 2135 pivot range (2128 to 2142) holds, the primary count is on solid footing.  If a break down of the 2135 pivot occurs, then a fresh low below 2115 is likely for the completion of the minor 2 wave at the 50%/62% retrace of 2093/2067 (old alt blue wave count).

SP-500 15-min chart:

pug-sp-500-15-min-10-25-16

SP-500 60-min chart:

pug-sp-500-60-min-10-25-16

SP-500 4-hr chart:

pug-sp-500-4-hr-10-25-16

SP-500 daily chart:

pug-sp-500-daily-10-25-16

 

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