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April 5th, 2017: SP-500 Chart Update

Posted by pugsma on April 5, 2017

10:25 pm EST:  The SPX price broke above 2371 confirming the primary count and eliminating the alternate (blue) count double zig-zag major [4]-P5 wave as labeled.    The alternate (blue) has been modified to become an ascending triangle major [4]-P5-C1 wave, which is not that much different than the primary count other than it will take more time for the major [5]-P5-C1 wave to get fully underway above 2401.

SP-500 15-min chart:

SP-500 60-min chart:

SP-500 4-hr chart:

SP-500 daily chart:

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