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November 29th, 2018: SP-500 Chart Update

Posted by pugsma on November 29, 2018

6:40 pm EST:  The primary (red) count is that minute (1) of minor C of major [2]-PA-C2 completed today at 2754.  Next should be a mild pull-back for wave minute of (2) to the 38%/50% at 2707/2693.   After the minute (2) wave completes, the minute (3) of minor C should head much higher above 2800.   The C=A target is at 2842 for the completion of major [2], which is near the 78% Fibonacci retrace at 2867.

The alternate (blue) count is that minor 3 of major [5]-P5-C1 is underway of the 2631 minor 2 low.  The minor 3 = 1.62*minor 1 target is at 2973.   The major [5]=[1] target is 2988 and double bottom (2604/2631) target is at 3026 for the completion of P5-C1.

SP-500 15-min chart real-time link:   http://www.freestockcharts.com?emailChartID=61fec058-6607-4fd0-a1e2-c50ba680e4d9

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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