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

April 25th, 2022: SP-500 Chart Update

Posted by pugsma on April 25, 2022

1:20 pm EST: The SP-500 gapped up from 4272 to 4255, dropped to 4201 (day’s low), rose to 4245…

Technical Indicators: See the SP500 vs NYMO vs VIX Chart Link: Print SharpCharts from StockCharts.com

Wave Counts: The primary (white/green) count combination is 45% probable, and alternate (red) count is 55% probable. 

  1. The primary (white/green) count is that P2-C3 bottomed at 4115. The major [1] of P3-C3 wave up is underway, but in the very early stages. The minor 1 of major [1] wave reached 4637. The large drop to 4201 was the minor 2 wave, that retraced to between the 78%/88% Fibs at 4230 to 4178. The minor 3 wave up is just getting underway. The minor 3 = 1.62*minor 1 target is 5047. Within minor 3, minute (1) should target the 4512.  Note: The primary (white/green) wave count is valid above 4115.
  2. The alternate (red) count is that the P2-C3 wave down is still ongoing. Major [A]-P2 ended at 4115 and the major [B]-P2-C3 topped at 4637. Now the major [C]-P2 wave down is headed toward the 38% Fibonacci retrace of P1-C3 at 3821. Within major [C], the first minor 1 wave completed at 4370 and the minor 2 wave bounce hit 5212, just above 50% Fib at 4504. The minor 3 wave down is underway and should target 1.62*minor 1 target it at 4079. There is a major [C]=[A] target at 3933 to complete P2. Note: The alternate (red) count is valid below 4512.

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:

SP-500 weekly chart:

SP500 Technical Analysis

3 Responses to “April 25th, 2022: SP-500 Chart Update”

  1. pugsma said

    Good volume on the SPY daily bullish hammer candle.

    SP500 closed back inside its lower BB, triggered a SP500 buy signal.

    However the VIX just barely missed closing bank inside its BB. VIX did put in a bearish topping candle.

  2. pugsma said

    For the CCA 2022 Paid Subscribers, I just updated the charts of MSFT and GOOGL before their earnings reports tonight after the close.

    https://pugsma.com/custom-chart-archive-2022/

Sorry, the comment form is closed at this time.

 
%d bloggers like this: