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May 29th, 2019: SP-500 Chart Upate

Posted by pugsma on May 29, 2019

4:35 pm EST:   Again the SP-500 closed lower (2783) with the NYMO higher (-55) than May 13th (2811 and -65), setting up a potential positive divergence that often leads to an explosive SP-500 price move higher.   The major [2]-P5-C1 low could be in place at 2766 (primary green) or is very close at 2739/2723 (alt blue).

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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