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March 8th, 2017: SP-500 Chart Update

Posted by pugsma on March 8, 2017

11:30 am EST:   SP-500 charts and counts again little changed.  Charts show a wave count inflection point at the 2366 pivot area.  The $NYMO has a chance to close a 3rd straight day below -40 an below its BB, which has only happened one time before in the past 9 years that I can recall and the SPX move up the next day was a rip your face off rally.

SP-500 15-min chart:

SP-500 60-min chart:

SP-500 4-hr chart:

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