PUG Stock Market Analysis, LLC | Technical Analysis Blog

PUG Stock Market Analysis is here to help with SP500, QQQ, IWM, Gold technical analysis, stock analysis and more.

  • Meta

  • Follow Blog via Email

    Enter your email address to follow this blog and receive notifications of new posts by email.

    Join 2,475 other subscribers

  • PUG Wave Labeling

    SCI-SCV, SCA-SCC: Super Cycle
    C1-C5, CA-CC :Cycle
    P1-P5, PA-PC : Primary
    [1]-[5], [A]-[C] : Major
    1-5, A-C : Minor
    (1)-(5), (a)-(c) : Minute
    i-v, a-b : Minuette
    Primary Count:
    White/Green (Bull Market)
    White/Red (Bear Market)
    Alternate Count: Blue

  • Categories

  • Archives

«
»

May 17th, 2018: SP-500 Chart Update

Posted by pugsma on May 17, 2018

1:30 pm EST:  For the primary (green) count, this move up from 2702 to 2732 is either a 78% Fin retrace for wave (b) of minor 2 and wave (c) of minor 2 down to 2692 to 2669 is next OR the wave minor 3 move up is underway off the 2702 Minor 2 low headed above 2872.   A break of 2702 or 2742 will define it.

Both the alternate (blue/red) counts both require a sudden drop breaking below the 2658 pivot and eventually breaking 2595 in oder to be confirmed.

SP-500 15-min chart real-time link:  http://www.freestockcharts.com?emailChartID=f0436a53-de1a-4a79-bfe3-d81e3252c527

SP-500 15-min chart:

SP500 Technical Analysis

SP-500 60-min chart:

SP500 Technical Analysis

SP-500 4-hr chart:

SP500 Technical Analysis

This entry was posted on May 17, 2018 at 1:34 pm and is filed under Premium, SP-500. Tagged: , . You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

Sorry, the comment form is closed at this time.

«
»