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October 2nd, 2017: SP-500 Chart Update

Posted by pugsma on October 2, 2017

3:10 pm EST:   Primary (green) count is looking for the P5-C1 top between 2526, where (5)=(1) and 2536, where v=i=2536.   The alternate (blue) count is looking for wave minor 1 of major [5]-P5-C1 to top in the same 2526 to 2536 area.  Next there should be a minor 2 wave 50% Fibonacci retrace to about 2472, before minor 3 of major [5] launches much higher toward minor 3 = 1.62*minor 1 = 2649.  The major [5]=[1] target is 2687 for the completion of P5-C1.

SP-500 15-min chart:

SP500 Technical Analysis

SP-500 60-min chart:

SP500 Technical Analysis

SP-500 4-hr chart:

SP500 Technical Analysis

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