SCI-SCV, SCA-SCC: Super Cycle
C1-C5, CA-CC :Cycle
P1-P5, PA-PC : Primary
[1]-[5], [A]-[C] : Major
1-5, A-C : Minor
(1)-(5), (a)-(c) : Minute
i-v, a-b : Minuette
Primary Count:
White/Green (Bull Market)
White/Red (Bear Market)
Alternate Count: Blue
To join the Premium Service follow this link: PUG Premium Service Sign-up. You must agree to the Terms of Service (TOS) and make a payment via a credit card Buy Now link or check in the mail. I will then send you the password to view the premium content. If you have questions send an e-mail to: pug.sma.llc@gmail.com.
Posted by pugsma on June 11, 2020
9:40 am EST: The larger than expected pull-back from 3233 indicates that the alternate (blue) count minor 4 wave is likely underway. Looking for minor 4 of major [1] wave to end between the typical Fibs of 23%/38% at 3125 to 3056. Another typical target is the wave 4 of previous degree, which is wave (4)-minor 3 at 3090.
SP-500 60-min chart:
SP-500 4-hr chart:
This entry was posted on June 11, 2020 at 9:40 am and is filed under Premium, SP-500. Tagged: Elliott Wave Technical Analysis, SP-500 Technical Analysis. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
Sorry, the comment form is closed at this time.
You must be logged in to post a comment.