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May 20th, 2019: SP-500 Chart Update

Posted by pugsma on May 20, 2019

6:55 pm EST:   Today’s SP500 price drop held at 2831 above the 2801 low.  The Small Caps (IWM) also failed to make a new low below 151.25.  Both wave count still very much alive.   Wave count details shown on 15-min and 60-min charts below.  The resolution won’t happened until 2801 or 2892 is broken.

SP-500 15-min chart:

SP500 Technical Analysis

SP-500 60-min chart:

SP500 Technical Analysis

SP-500 4-hr chart:

SP500 Technical Analysis

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