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November 19th, 2017: SP-500 Chart Update

Posted by pugsma on November 19, 2017

5:15 pm EST:  OK, I’m back home in the Chicago area after a nice trip south.  Here is quick look at the SP-500 charts that did not change too much while I was away.  It looks like the minor 4 of major [5]-P5-C1 low retraced a near perfect (c)=(a)=2559  at the 23% Fibonacci retrace target of 2558.  A break above 2597 will confirm the minor 5 wave is underway headed for the 2687 area to complete major [5]-P5-C1.

SP-500 15-min chart (as of 11-17-17):

SP500 Technical Analysis

SP-500 60-min chart (as of 11-17-17):

SP500 Technical Analysis

SP-500 4-hr chart (as of 11-17-17):

SP500 Technical Analysis

 

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