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February 28th, 2018: SP-500 Chart Update

Posted by pugsma on February 28, 2018

6:05 pm EST:   For the primary (green) wave count it now looks like the move from 2533 to 2789 was 5-waves up for minor 1 of major [5]-P5-C1.  Thus, now we are looking for a 3-wave correction for the minor 2 wave to the 38%/50% Fibonacci retracement of 2692/2661,  There is an initial target at minute (c)=(a) = 2707 that was basically hit at the todays close of 2714.

SP-500 15-min chart real-time link:  http://www.freestockcharts.com?emailChartID=07c86019-bbd3-4e34-b5ea-0edae4a704f0

SP-500 15-min chart:

SP500 Technical Analysis

SP-500 60-min chart:

SP500 Technical Analyiss

SP-500 4-hr chart:

SP500 Technical Analysis

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