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January 16th, 2019: SP-500 Chart Update

Posted by pugsma on January 16, 2020

4:55 pm EST:  The SP-500 surged higher today, closing at 3317.

The cluster of wave count targets between 3327 and 3340 is near.   As are the upper trend lines on the 60-min and 4-hr charts.

Primary (green):  Major [3]=[1] target of 3336.

Alternate (blue):  Minor 3 =1.62*minor 1 target of 3340.

Alternate (red):   Triangle target upper value of 3327 for major [5]-P5-C1.

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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