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March 22nd, 2017: SP-500 Chart Update

Posted by pugsma on March 22, 2017

 

3:00 pm EST:  Key price and time here the SPX.   For the alternate (blue) wave count major [4]-P5-C1 has reached the minimum C=1.23*A target of 2332.   A move back above 2355 could signal that major [5]-P5-C1 up above 2401 is underway.   For the primary (green) wave count the bears needed to press their advance NOW and drop the SPX towards 2300 to complete wave minor A of major [4]-P5-C1.

SP-500 15-min chart:

SP-500 60-min chart:

SP-500 4-hr chart:

SP-500 daily chart:

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