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September 27th, 2018: SP-500 Chart Update

Posted by pugsma on September 27, 2018

5:00 pm EST:  Primary (white/red) count is that P5-C1 topped at 2941.  The Cycle 2 (C2) wave down to a 50% Fibonacci retrace target of 1804 is just in its infancy.

SP-500 15-min chart real-time link:

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

7 Responses to “September 27th, 2018: SP-500 Chart Update”

  1. pugsma said

    This was such a surprise e-mail today. Thanks Martin!

    • Rodney Mruk said

      While I cannot say I am one of your first subscribers, I have been a subscriber for four years now (I think). I echo Beste’s sentiments. I greatly appreciate your efforts, analysis and commentary. You have been greatly helpful to me and my investment accounts. My hope is that in the future you will publish such a blog on trading / investment tactics etc. I know you have a great deal you can teach in that arena as well.

      In any event, I want to express my gratitude as did Beste. Have a great day Steve.

    • Rick Gundzik said


  2. rat8nine said

    In the context of watching all the indexes, what I’m seeing here on qqq yesterday and today is incredible. Steve, I’m not sure if you want me to post it here or not, but it retested yesterday at .886 rt, made a minor move down and now just retested again at .886 of the second high, just below the bigger .886. If it moves down here, it could be quite dramatic.

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