January 2nd, 2018: SP-500 Chart Update
Posted by pugsma on January 2, 2018
1:00 pm EST: Welcome back to the 10th year of PUG SMA, LLC. I appreciate your business. I would like to see more discussion in the comments section during 2018. If you have a chart or technical analysis comment please share with the group in order to help everyone. Also, since you have returned for 2018, I’m assuming my technical analysis work has been helpful to you in your trading and/or investments. I’d appreciated it if you share your recommendation of my blog with family, friends and co-workers. As an incentive to do this, I will offer a $120 discount (refund) on your annual subscription for any new subscriber (quarterly or longer) that you bring on board for 2018. Just e-mail me at pug.sma.llc@gmail.com with the name of the subscriber. Thanks.
The SP-500 looks to be forming a wave (4) of minor 5 of major [5]-P5-C1 rectangle pattern (i.e. flat). On a break above 2695, the rectangle target is 2695 + (2695-2674) = 2716. The major [5]=[1] target for remains at 2728.
SP-500 15-min chart real-time link: http://www.freestockcharts.com?emailChartID=7905ac39-6d45-4ba9-9c4b-6fac83180ad8
SP-500 15-min chart:
SP-500 60-min chart:
SP-500 4-hr chart:
Sorry, the comment form is closed at this time.
You must be logged in to post a comment.