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May 6th, 2022: SP-500 Chart Update

Posted by pugsma on May 6, 2022

2:15 pm EST: The SP-500 gapped down from 4150 to 4128, dropped to 4067, rose to 4158…

Price is continuing to search for the for the P2-C3 bottom with listed targets between 4063 and 3821 (38% Fib retrace of the P1 wave up). There are several wave count options shown on the charts below for how the P2-C3 bottom will form.

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

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