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January 25th, 2017: SP-500 Chart Update

Posted by pugsma on January 25, 2017

1:25 pm EST:   The primary wave count minute (5) of minor 3 of major [3]-P5-C1 continues its push toward the 2313 target, where (5)=0.62*(1).   There is also triangle break-out target at 2322.   Note that based on the current minute degree wave count, the maximum for this minute (5) wave is at 2324, so as the minute (3) is not the shortest wave of the minor 3 impulse wave off the minor 2 low at 2084.

SP-500 15-min chart:


SP-500 60-min chart:


SP-500 4-hr chart:


SP-500 daily chart:


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