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October 24th, 2017: SP-500 Chart Update

Posted by pugsma on October 24, 2017

4:55 pm EST:  The primary count is looking for a Cycle 1 (C1) top in this 2575-2585 area.  The alternate (blue) count has been revised to show a slow grind (with minimal pull-backs) higher to near 2700 over the next 4 to 6 months.  Given tops are process not an event, it’s likely the alternate (blue) would play-out here.

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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