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September 28th, 2018: SP-500 Chart Update

Posted by pugsma on September 28, 2018

4:15 pm EST:   There is over 5-month long Ending Diagonal (ED) pattern on the SP-500 price upper movement under key negative divergence on the daily chart MCAD, RSI, $NYMO and $NYSE A-D.    The lower ED pattern light blue trend-line has not been broken as of yet, but today’s close is very close.   The ED pattern can still rise further, to a maximum of 2973.  Next week should provide a conclusive price action separating the primary (white/red) from the alternate (blue) wave counts for the completion of P5-C1 at 2941 vs 3041.

Have a great weekend !

SP-500 15-min chart real-time link:  http://www.freestockcharts.com?emailChartID=a7683dba-2afe-4d01-ad2e-09102b079186

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

SP-500 weekly chart:

SP500 Technical Analysis

 

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