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 February 1, 2017
4:45 pm EST: Today SP-500 price rallied to 2289, fell to 2272 and then closed at 2280. As long SP-500 price remains above 2267 and 2257, a higher high above 2301 for minor 3 is still forecast via the primary wave count. Break below 2267 and then 2257 will confirm the alternate (blue) count minor 4 wave.
SP-500 15-min chart:
SP-500 60-min chart:
SP-500 4-hr chart:
This entry was posted on February 1, 2017 at 4:43 pm and is filed under Premium, 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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