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December 7th, 2017: SP-500 Chart Update

Posted by pugsma on December 7, 2017

5:15 pm EST:   The SP-500 price rebounded today as forecast and retraced to the 38% Fib (2640) of the 2665 to 2625 move down.   As can be seen on the charts below, the SP-500 price is at an inflection point here between 2625 and 2665.  A break of that range should help determine the correct wave count.

SP-500 15-min chart real-time link:   http://www.freestockcharts.com?emailChartID=65267153-893f-4c46-bf40-d57db1e59c72

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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