December 27th, 2016: SP-500 Chart Update
Posted by pugsma on December 27, 2016
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SCI-SCV, SCA-SCC: Super Cycle
C1-C5, CA-CC :Cycle
P1-P5, PA-PC : Primary
[1]-[5], [A]-[C] : Major
1-5, A-C : Minor
(1)-(5), (a)-(c) : Minute
i-v, a-b : Minuette
Primary Count:
White/Green (Bull Market)
White/Red (Bear Market)
Alternate Count: Blue
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Posted by pugsma on December 27, 2016
11:50 am EST: The SPX price today has reached 2273 and the top of the primary (green) count ascending triangle. A break-out above 2273 should lead to a measured move to at least 2298 to 2308 for minute (5) of minor 3 of major [3]-P5-C1.
SP-500 15-min chart:
SP-500 60-min chart:
SP-500 4-hr chart:
This entry was posted on December 27, 2016 at 11:50 am and is filed under SP-500. Tagged: Elliott Wave Technical Analysis, SP-500 Technical Analysis. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
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