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 14th, 2019: SP-500 Chart Update

Posted by pugsma on February 14, 2019

4:40 pm EST:    Today the SP-500 price dropped to 2731 for wave minute (4) of minor 5, holding above the key minute (1) 2718 level.  The Primary (green) wave count is wave (5) of minor 5 of major [1]-P5-C1 is headed for a (5)=(1) target of 2767.  Also, the minor M5=0.62*M1 target is at 2790.

Alternate (blue) wave count is that major [2]-P5-C1 wave lower is underway off a major [1] top at 2762.   The 23%/38% Fibonacci retrace targets for major [2] are at 2667/2604.   A break below 2718, will confirm this alternate (blue) wave count.

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

SP-500 15-min chart:


SP-500 60-min chart:

SP500 Technical Analysis

SP-500 4-hr chart:

SP500 Technical Analysis

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: