May 18th, 2020: SP-500 Chart Update
Posted by pugsma on May 18, 2020
11:20 am EST: The SP-500 gapped up from 2864 to 2936 and has hit 2950 this far.
The primary (green) count is that minor 5 of major [1] is headed to the higher targets of 3113 (where minor 5 = 0.78*minor 1) to 3212 (where minor 5 = minor 1). Wave minute (3) should target the (3)=2.62(1) area of 3047.
The alternate (blue) count is that minor 5 of major [1] is headed to the lowest target at 3042, where minor 5 = 0.62*minor 1. Wave (3) should target the (3)=1.62(1) target at 2961.
SP-500 5-min chart:
SP-500 15-min chart:
SP-500 60-min chart:
SP-500 4-hr chart:
SP-500 daily chart:
Sorry, the comment form is closed at this time.
You must be logged in to post a comment.