March 27th, 2019: SP-500 Chart Update
Posted by pugsma on March 27, 2019
5:00 pm EST: The SP-500 price tested the primary wave count minor 2 low at 2785, held and closed at 2805. However, it’s still possible that the minor 2 wave might have a little more to drop to the 62%/78% Fibonacci retracement at 2774/2752 (alternate blue labels). The rising 50-day SMA (2748) is nearing a bullish “golden cross” of the flat 200-day SMA at 2755 and the key 2759 pivot support.
SP-500 15-min chart real-time link: http://www.freestockcharts.com?emailChartID=129daaa2-5399-4fcb-800b-4aa857fddd00
SP-500 15-min chart:
SP-500 60-min chart:
SP-500 4-hr chart:
SP-500 daily chart:
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