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January 12th, 2017: SP-500 Chart Update

Posted by pugsma on January 12, 2017

3:15 pm EST:  A new lower low at 2254 today.

Primary (green) count is that minor 4 of major [3]-P5-C1 is headed for the 23%/38% Fibonacci retrace target area of 2236/2207.

Alternate (blue) count is that wave (2) of minor 3 of major [3]-P5-C1 is headed for the 50%62% Fibonacci retrace target area of 2183/2156.

SP-500 15-min chart:

pug-spx-15-min-1-12-17

SP-500 60-min chart:

pug-spx-60-min-1-12-17

SP-500 4-hr chart:

pug-spx-4-hr-1-12-17

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