PUG Stock Market Analysis, LLC | Technical Analysis Blog

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August 26th, 2019: SP-500 Chart Update

Posted by pugsma on August 26, 2019

7:45 pm EST:   SP-500 price has been trapped between the 2807 and 2941 pivots for most of August.  A break of this range will determinate the wave count result (see the 15-min and 60-min chart for count details).   Just remember that the upside is limited in the primary count to the Ending Diagonal (ED) maximum of 3121, target P5=P1 of 3051.

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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