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April 3rd, 2017: SP-500 Chart Update

Posted by pugsma on April 3, 2017

11:55 am EST:  Here is a quick SPX 15-min, 60-min and 4-hr chart update.

For the primary (white/green) count minor 1 of major [5]-P5-C1 ended at 2371 and now minor 2 is looking for pull-back to the 50%/62% Fib retrace at 2346/2341.   The primary count remains valid above 2322.

The alternate (blue) count is that major [4]-P5-C1 is playing out as a double Zig-Zag with the minor X of major [4] wave complete at 2371.  Now minor Y should head for the Y=W target of 2278, which is also a key pivot.  The alternate blue count remains valid below 2371.

SP-500 15-min chart:

SP-500 60-min chart:

SP-500 4-hr chart:

SP-500 daily chart:

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