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June 10th, 2019: SP-500 Chart Update

Posted by pugsma on June 10, 2019

4:30 pm EST:   Today’s SP500 price high at 2904 and close at 2886 was right inline with the primary (green) wave count and also keeps the alternate (blue) count alive below 2954.   2904 could be a near-term top or there could be one more small push up on both wave counts, but I’d expect a significant retracement (50 % Fib) soon top re-test the 2807 pivot area support.

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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