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October 5th, 2017: SP-500 Chart Update

Posted by pugsma on October 5, 2017

4:20 pm EST:  The minute (5)=1.62(1) =2549 target was hit today.   I’m expecting at last a 50-75 pull-back soon per the alternate (blue) count wave minor 2, if not a Cycle 1 (C1) top to form per the primary (green) count.   However, there could be a little more room to move up, as the 9-year long standing upper Elliott Wave P1-P3 and P2-P4 Channel is at about 2582 at the end of the week (tomorrow).

SP-500 15-min chart:

SP500 Technical Analysis

SP-500 60-min chart:

SP500 Technical Analysis

SP-500 4-hr chart:

sP500 Technical Analysis

SP-500 daily chart:

SP500 Technical Analysis

SP-500 weekly chart:

SP500 Technical Analysis

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