June 12th, 2020: SP-500 Chart Update
Posted by pugsma on June 12, 2020
4:50 pm EST: Just a quick chart update. 60-min chart shows that the lower channel support held at the 2984 low today. Possible minor 2 low in place at 2984 (the 50% Fib) and the move up to the minor 3 = 1.62*minor 1 target of 3739 is underway. Alternately (blue), the minute (b) of minor 2 wave bounce should continue to the 50% Fib at 3116, then a minute (c) of minor 2 low at the 62%/78% Fib of 2944/2870.
Have a great weekend !
SP-500 15-min chart:
SP-500 60-min chart:
SP-500 daily chart:
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