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December 18th, 2017: SP-500 Chart Update

Posted by pugsma on December 18, 2017

12:50 pm EST:   The SP-500 price gapped up above 2690 at the open today and invalidated the Ending Diagonal right look.  The alternate (blue) wave count is now the path forward with the wave iii-(3) of headed for at least 2707, where iii = 1.38*i.   The wave (3)=1.23(1) target is 2728.

SP-500 15-min chart real-time link:  http://www.freestockcharts.com?emailChartID=4a968b41-1744-4a2e-979c-6e4449dff704

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

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