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May 2nd, 2017: SP-500 Chart Update

Posted by pugsma on May 2, 2017

1:10 pm EST:   SPX price above the 2366 pivot allows the primary or alternate (blue) count major [5]-P5-C1 wave to play-out toward the P5=P1 target of 2514.  Below the 2366 pivot the alternate (red) count could carry the day to a fresh major [4]-P5-C1 low around 2306.

SP-500 15-min chart:

SP-500 60-min chart:

SP-500 4-hr chart:

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