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.

  • Subscribe

  • 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

December 27th, 2018: SP-500 Chart Update

Posted by pugsma on December 27, 2018

5:00 pm EST:   The primary (red) count is that Primary W (PW) of Cycle 2 (C2) bottom at 2347 on the Dec 24th, 2018.   The Primary X (PX) wave up of Cycle 2 (C2)  is now underway that should reach the a common X-wave Fibonacci retracement target of 50%/62%/78% (2644/2715/2810).   The major [A] wave of PX has seen minor 1 reach 2468 and minor 2 drop to 2398 (57% retracement).  The current move up from 2398 is a minor 3 wave, that should reach the minor 3 = 1.62*minor 1 target at 2594.  Minor 4 should retrace 23% to 2549, before minor 5 completes major [A] at 2624, where minor 5 = 0.62*minor 1.

SP-500 15-min chart real-time link:   http://www.freestockcharts.com?emailChartID=df0cbd71-c20d-4aad-890f-a174712ad3be

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

Sorry, the comment form is closed at this time.

%d bloggers like this: