June 14th, 2018: SP-500 Chart Update
Posted by pugsma on June 14, 2018
5:25 pm EST: The SP-500 weekly chart is extremely bullish. The weekly MACD has gone bull-cross and has lots of room to run up. The SP-500 target is 2917 (major [5]=[1]) to 3041 (triangle target) for the top P5-C1.
The 15-min chart looks like what could be a bull flag formation and thus the minor 3 of major [5]-P5-C1 wave could just grind higher per the alternate (blue) count labels. In a minor 3 bull wave the bias is heavily upward and pull-backs are typical small.
Have a great weekend !!!
SP-500 15-min chart real-time link: http://www.freestockcharts.com?emailChartID=6269680d-6ca4-4aeb-bbad-95f8291a146b
SP-500 15-min chart:
SP-500 60-min chart:
SP-500 4-hr chart:
SP-500 daily chart:
SP-500 weekly chart:
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