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May 10th, 2018: SP-500 Chart Update

Posted by pugsma on May 10, 2018

5:40 pm EST:   The SP-500 price moved above 2717 and finally broke out from the 3-month old triangle consolidation pattern.  The SP-500 price is now likely headed into a 1 to 2 month lock-out bull trend to hit the 2917 to 3041 target range by July.   Break-outs from triangles are typically relentless one-direction moves that reward those who bought the both the bottom and break-out of the pattern.

SP-500 15-min chart real-time link:  http://www.freestockcharts.com?emailChartID=cd15f2de-5e50-4f60-a335-4bcde885c21b

SP-500 15-min chart:

SP500 Technical Analysis

SP-500 60-min chart:

SP500 Technical Analysis

SP-500 4-hr chart:

SP500 Technical Analysis

 

SP-500 daily chart:

SP500 Technical Analysis

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