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December 19th, 2017: SP-500 Chart Update

Posted by pugsma on December 19, 2017

3:20 pm EST:   I re-worked the original ending diagonal (ED) wave count a bit to make wave (1) of minor 5 at 2665, and this makes the maximum for the ED wave count 2699.  So the 2695 high, thus far qualifies as a potential ED minor 5 of major [5]-P5-C1 top.  Thus, I’m re-introducing this wave count as the alternate (blue).  The primary wave count remains unchanged as a major [5]-P5-C1 top at the wave [5]=[1] target of 2728.

SP-500 15-min chart real-time link:  http://www.freestockcharts.com?emailChartID=6f12d406-22ce-4eba-933f-1886bf322dab

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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