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November 20th, 2017: SP-500 Chart Update

Posted by pugsma on November 20, 2017

2:00 pm EST:   The SP-500 continues to search for the minor 4 low.  It’s possible that 2557 was it as a single zig-zag (primary count) or minor 4 could require a new low at 2252 to 2533 (alternate blue count) in a double zig-zag.   A break above 2597 will confirm the end of minor 4 and the beginning of the final minor 5 of major [5]-P5-C1 wave move up towards the major [5]=[1] target at 2686.

Some subscribers have been asking about the very long-term view of the SP-500 and thus I have posted the updated weekly and monthly charts.

 

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

SP-500 monthly chart:

SP500 Technical Analysis

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