April 5th, 2019: SP-500 Chart Update
Posted by pugsma on April 5, 2019
3:35 pm EST: The SP-500 price relentless march higher from the minor 2 low at 2785 with nothing more than a 20 point pull-back is indicative a wave (3) of 3 of [3]. Now above the 2872 pivot, the SP-500 price is likely headed above the All-Time High (ATH) of 2941 without much of a pull-back.
The primary count has been slightly modified to be wave minute (3) of minor 3 of major [3]-P5-C1. The wave (3)=4.21(1) target is at 2978, the minor 3 =1.62*minor 1 target is at 2996, the major [3]=0.62[1] target is 3013 and the P5=P1 target is 3051.
Have a great weekend !!!
SP-500 15-min chart real-time link: http://www.freestockcharts.com?emailChartID=68e22211-a4a4-4d33-b46c-bdca465254fb
SP-500 15-min chart:
SP-500 60-min chart:
SP-500 4-hr chart:
SP-500 daily chart:
SP-500 weekly chart:
pugsma said
Cobra key stat for this week: SPY up 7 days in a row (last week on Friday). 100% SPY higher high ahead.
pugsma said
Now SPY up 8 straight days.
Last time was early October 2017 on a SPX rise from 2480 to 2560. Back then the SPX continued on a rally to 2700 (up 5.4%) into December 2017.
SPX Up 5.4% for here at 2896 is 3053. 💰 😎
My target 3051.