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May 31st, 2019: SP-500 Chart Update

Posted by pugsma on May 31, 2019

1:25 pm EST:  New low at 2751 today.  Looking for the major [2]-P5-C1 wave to end in the area of the C=A target of 2739 and the 38% Fib at 2723 (primary green).   If the major [2] correction needs more time, then the next set of targets are where C=1.62*A at 2644 and the 50% Fib at 2651 (alt blue).

Have a great weekend !

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

SP-500 weekly chart:

SP500 Technical Analysis

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