Technical Analysis Blog | PUG Stock Market Analysis, LLC

PUG Stock Market Analysis is here to help with SP500 technical analysis, stock analysis and more. Read our technical analysis blog to learn more.

February 4th, 2019: SP-500 Chart Update

Posted by pugsma on February 4, 2019

5:50 pm EST:   The triangle target of 2737 and the 200-day SMA (2742) is near and should complete the major [C]-PX-C2 (primary red) or major [1]-P5-C1 (alt blue) wave.   The next significant move lower will help determine which wave count wins out.

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

2 Responses to “February 4th, 2019: SP-500 Chart Update”

  1. question on gold stocks… gdx and gdxj…. Do you see a cup and handle on these 2 indexes? Thanks

  2. rat8nine said

    It’s interesting that in median line terms, spy was not very neat at the December low, while qqq was perfect, right at x marks the spot. Today, qqq is at the green median line, at .618

Leave a Reply

Please log in using one of these methods to post your comment: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: