November 8th, 2017: SP-500 Chart Update
Posted by pugsma on November 8, 2017
2:00 pm EST: The SP-500 price continues to grind towards the major [5]-P5-C1 target at 2675 to 2687 (wave major [5]=[1]). The short-term primary wave count is that wave minute (5) of minor 3 of major [5] is headed for the (5)=(1) target at 2624. An alternate (blue) short-term wave count is that minute (5) of minor 3 will end at 2600, where (5)=0.62(1). It both cases a wave minor 4, 23% Fibonacci pull-back to the 2578 to 2560 area should follow the wave minor 3 high.
SP-500 15-min chart:
SP-500 60-min chart:
SP-500 4-hr chart:
SP-500 daily chart:
SP-500 weekly chart:
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