PUG Stock Market Analysis, LLC | Technical Analysis Blog

PUG Stock Market Analysis is here to help with SP500, QQQ, IWM, Gold technical analysis, stock analysis and more.

  • Meta

  • Follow Blog via Email

    Enter your email address to follow this blog and receive notifications of new posts by email.

  • Subscribe

  • PUG Wave Labeling

    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

  • Categories

  • Archives

March 19th, 2021: SP-500 Chart Update

Posted by pugsma on March 19, 2021

11:45 am EST: The SP-500 opened flat from 3915, dipped to 3887, rallied to 3915…

Primary (white/green) count is that the minor 2 of major [5]-P1-C3 wave completed at 3387, which was the 38% Fib. The minor 3 wave target is at 1.62*minor 1 = 4310. The alternate (blue) count variation of the primary is that the minor 2 wave will drop to the 50%/62% Fib of 3854 to 3822 early next week. Note: Both the primary (white/green) and alternate (blue) wave count minor 2 wave remains valid above the major [4] low at 3723. Below 3723, the P1 top is confirmed at 3984 (alt red count labels on daily/weekly charts) with a 38% Fib retrace of P1 at 3303 for the P2 wave.

Have a great weekend !

SP-500 15-min chart:

SP500 Technical Analysis

SP-500 60-min chart:

SP500 Technical Analysis

SP-500 4-hr chart:

SP500 Technical Analysis

SP-500 daily chart:

SP500 Technical Analysis

SP-500 weekly chart:

SP500 Technical Analysis

Sorry, the comment form is closed at this time.

%d bloggers like this: