PUG Stock Market Analysis, LLC | Technical Analysis Blog

PUG Stock Market Analysis is here to help with SP500, QQQ, IWM, Gold technical analysis, stock analysis and more.

July 16th, 2019: SP-500 Chart Update

Posted by pugsma on July 16, 2019

4:45 pm EST:  The primary (white/green) count is that wave minute (3) of minor 3 of major [3]-P5-C1 is underway off the 2963 wave minute (2) low.  The minute (3)=1.62(1) target is at 3098.  The minor 3=1.23*minor 1 target is at 3203.  A decisive break above 3046 would confirm the primary (white/green) wave count.

The alternate (blue) count has either topped at 3018 or is in the final small waves of minute (c) of minor 5 of major [5]-P5-C1.   The alternate (blue) count remains valid below the End Diagonal maximum of 3046.

SP-500 15-min chart:

SP500 Technical Analysis

SP-500 60-min chart:

SP500 Technical Analysis

SP-500 4-hr chart:

SP500 Technical Analysis

Leave a Reply

 
%d bloggers like this: