November 10th, 2021: SP-500 Chart Update
Posted by pugsma on November 10, 2021
6:55 pm EST: The SP-500 gapped down from 4685 to 4670, dropped quickly to 4663, rose to 4685 then slid to a day’s low 4630 and closed at 4646.
The primary (white/green) count is that minute (3) of minor 1 of major [5]-P1-C3 completed at 4719. The minute (4) wave should retrace to the 23%/38% Fib targets of 4630/4571. Today’s low of 4630, was right at the 23% Fib. Assuming minute (4) completed at 4630, the minute (5)=(1) target is 4781. Note: The primary (white/green) count for minute (4) remains valid above the minute (1) high at 4430.
SP-500 15-min chart:
SP-500 60-min chart:
SP-500 4-hr chart:
SP-500 daily chart:
SP-500 weekly chart:
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