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August 7th, 2017: SP-500 Chart Update

Posted by pugsma on August 7, 2017

4:20 pm EST:   Primary (green) count is still looking for this P5-C1 wave to top in the 2484 to 2513 (P5=P1) area.  The alternate (blue) count is looking for major [3]-P5-C1 top around 2496, where [3]=1.62*[1].   In either case, a significant correction (alt blue) or crash (primary) is due next.

SP-500 15-min chart:

SP500 Technical Analysis

SP-500 60-min chart:

SP500 Technical Anaysis

SP-500 4-hr chart:

SP500 Technical Analysis

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