August 22nd, 2017: SP-500 Chart Update
Posted by pugsma on August 22, 2017
1:30 pm EST: The primary (red) count is that wave (2) of minor 3 of major [1]-PA-C2 is retracing to a 62% Fib of 2453. The primary count remains valid below 2475. The next move should be a wave (3) of minor to a target of 2359, where (3)=1.62(1).
The alternate (blue) count is that major [4]-P5-C1 ended at 2417 and the major [5]-P5-C1 wave up towards 2700 is underway. The alternate count remains valid above 2417.
SP-500 15-min chart:
SP-500 60-min chart:
SP-500 4-hr chart:
SP-500 daily chart:
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