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March 13th, 2018: SP-500 Chart Update

Posted by pugsma on March 13, 2018

3:10 pm EST:  The alternate (blue) count needs to be revisited here. The move to 2802 is a 78% retrace of the 2872 to 2533 drop.  We have a potential double top at 2789/2802.  Break below 2647 and the measured move is 2647 – (2802-2647) = 2492 for the target of major [4]-P5-C1 of the alternate (blue) count

12:30 pm EST:   The SP-500 continues to advance in the minute (3) of minor 3 of major [5]-P5-C1 wave off the minor 2 low of 2647.   Wave i-(3) looks to have ended at 2802 and now a wave ii-(3) retrace to the 38%/50% Fib of 2764/2752.

SP-500 15-min chart real-time link:    http://www.freestockcharts.com?emailChartID=7f72de25-7f8a-4eec-ae36-09715c76d32c

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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