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March 12th, 2019: SP-500 Chart Update

Posted by pugsma on March 12, 2019

5:00 pm EST:   The highest probability (88%) primary (white/green) wave count is another down wave of minor C to complete major [2]-P5-C1 with targets are the 23%/38% Fibonacci retracement at 2708/2638.  There are wave targets of minor C=A at 2703 and C=1.62*A at 2644.

A lower probability (12%) alternate (blue) wave count is that the major [2] low is in place at 2722 and that major [3] up to a new all-time high above 2941 is underway.

SP-500 15-min chart real-time link:  http://www.freestockcharts.com?emailChartID=be85e80a-c4e1-427e-9ea8-022ce76b2cf5

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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