March 13th, 2017: SP-500 Chart Update
Posted by pugsma on March 13, 2017
10:25 pm EST: Here is a quick look at the SP-500 charts at the beginning of the week. Nothing has changed on the open today. Still need a break below 2353 to confirm the primary (green) count or above 2401 to confirm the alternate (blue) count. As always finding a major top, like major [3]-P5-C1, is a process and it’s not easy nor quick (as contrast to sharp bottom). We been looking for major [3] top in the 2375 to 2421 range for several months now (well before the Nov 2016 US Presidential Election) and that is precisely were we are.
SP-500 15-min chart:
SP-500 60-min chart:
SP-500 4-hr chart:
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