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February 15th, 2018: SP-500 Chart Update

Posted by pugsma on February 15, 2018

12:45 pm EST:  Key wave count inflection point here in the 2722 (50-day SMA) to 2743 (62% Fib) range.   Remember and $NYMO close above +20 will confirm the primary wave count major [4]-P5-C1 bottom at 2533 and a wave major [5] move up to [5]=[1] at 2917.   A $NYMO failure here below +20 would open the door for a new major [4]-P5-C1 low below 2533.    Wave count details shown on the charts below.

SP-500 15-min chart real-time link:  http://www.freestockcharts.com?emailChartID=017bd942-5a43-4bbd-9265-ee69e16c8e86

SP-500 15-min chart:

SP500 Technical Analysis

SP-500 60-min chart:

SP500 Technical Analysis

 

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