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May 2nd, 2023: SP-500, IWM and QQQ Chart Update

Posted by pugsma on May 2, 2023

12:00 pm EST: Here’s and intra-day chart update at a critical juncture. As the SP-500 has retraced beyond the 62% Fib at 4401 and the IWM broke the recent 171.00 low. It’s now possible a bearish alternate (blue) count could play out over the next week and thus has been added to charts.

SP-500 60-min chart:

SP500 Technical Analysis

SP-500 daily chart:

SP500 Technical Analysis

IWM 60-min chart:

IWM Technical Analysis

IWM daily chart:

IWM Technical Analysis

QQQ 60-min chart:

QQQ Technical Analysis

QQQ daily chart:

QQQ Technical Analysis

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