Technical Analysis Blog | PUG Stock Market Analysis, LLC

PUG Stock Market Analysis is here to help with Gold technical analysis, stock analysis and more. Read our technical analysis blog to learn more today.

  • PUG Twitter Feed

    • $SPX daily and 4-hr charts show the major [4]-P5-C1 triangle and major [5]-P5-C1 target of 2513. https://t.co/ERiGN89ESe 2 days ago
    • On a break of 2406, the $SPX Major [4] ascending triangle target is at 2490 for major [5]-P5-C1 with P5=P1 at 2514. 2 days ago
    • $SPX Minor D of major [4] ascending triangle P5-C1 at 2401 target. There should small dip to 2375 for minor E before major [5] move to 2514 3 days ago
  • Premium Service

    To join the Premium Service follow this link: PUG Premium Service Sign-up. You must agree to the Terms of Service (TOS) and make a payment via a credit card Buy Now link or check in the mail. I will then send you the password to view the premium content. If you have questions send an e-mail to: pug.sma.llc@gmail.com.
  • Hits Since Oct 26th, 2009

    • 13,982,406 hits
  • Tags

  • Disclaimer

    The content on this blog (PUG Stock Market Analysis, LLC) is provided as information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author (PUG) and are for entertainment purposes only. PUG is not a licensed investment adviser (advisor) or commodity trading adviser nor is licensed as such with any federal or state regulatory agency. PUG does not manage client assets in any way. Any investment decision that results in losses or gains made based on any information on this site is not the responsibility of PUG. PUG may make statements about certain investment vehicles and strategies, but it is not to be taken as investment advice. PUG Stock Market Analysis, LLC is an educational service, not an advisory or stock recommendation service. At times, PUG will analyze the technical structure (chart) of various stocks or financial markets, but he is in no way compensated by the companies he analyzes either in reports or daily commentaries. All examples are provided for educational purposes.
  • Privacy Policy

    Corresondents's e-mails are strictly confidential. The thrid-party advertising placed by ad networks may collect information for ad targeting or store cookies. Links for commercial sites are paid advertisements. Blog links on the site are posted by PUG's discretion, without compensation of any kind.
  • Content Usage Terms

    PUG Stock Market Analysis, LLC blog site content may NOT be reproduced or excerpted online or in print without written permission of the author (PUG).

Archive for the ‘RUT’ Category

July 11th, 2016: RUT Wave Count Update

Posted by pugsma on July 11, 2016

RUT Daily Chart:

PUG SMA RUT Daily 7-11-16

RUT Weekly Chart:

PUG SMA RUT Weekly 7-11-16

Posted in RUT | Comments Off on July 11th, 2016: RUT Wave Count Update

May 23rd, 2016: RUT Wave Count Update

Posted by pugsma on May 23, 2016

RUT Daily:

PUG RUT dailly 5-23-16

RUT Weekly:

PUG RUT weekly 5-23-16

Posted in RUT | Comments Off on May 23rd, 2016: RUT Wave Count Update

February 5th, 2016: RUT Wave Count Update

Posted by pugsma on February 5, 2016

12:15 pm EST:   Here is a quick update on the Russell-2000 (RUT) wave count.  It looks pretty far advanced within the PC-C2 wave.  The Head and Shoulders topping pattern and 50% Fib Retrace for Cycle 2 (C2) come in around the 856 pivot.

RUT Daily Chart:

PUG RUT Daily 2-5-16

RUT Weekly Chart:

PUG RUT Weekly 2-5-16

Posted in RUT | Comments Off on February 5th, 2016: RUT Wave Count Update

November 19th, 2015: Russell-2000 Wave Count Update

Posted by pugsma on November 19, 2015

12:30 pm EST:   The Russell-2000 price ended at the 50% Fibonacci retrace of 1199.29 for the Primary B (PB) of Cycle 2 (C2) wave and has formed a large Head and Shoulders top pattern with a target of 909.19, which agrees with the 50% Fibonacci retrace for the completion of the C2 wave at the 856 pivot support.

RUT-2000 weekly chart:

PUG RUT-2000 weekly 11-19-15

Posted in RUT | Comments Off on November 19th, 2015: Russell-2000 Wave Count Update

August 26th, 2015: QQQ and RUT Weekly Chart Update

Posted by pugsma on August 26, 2015

6:05 pm EST:   Here are the updated QQQ and RUT weekly charts and big picture wave counts.

QQQ Weekly Chart (EOD):

PUG QQQ Weekly EOD 8-26-15

RUT Weekly Chart (EOD):

PUG RUT Weekly EOD 8-26-15

Posted in QQQ, RUT | Leave a Comment »

July 30th, 2015: SP-500 EOD Update

Posted by pugsma on July 30, 2015

5:05 pm EST:  The primary (white/green) count is that wave major [3]-PA-C2 is underway with minor 1 of major [3] complete at 2063.   The minor 2 bounce to a 62%/78% retrace of 2107/2118 is underway.   Once minor 2 ends, then minor 3 of major [3] will head below 2000, where major [3]=1.62*[1] at 1986.   Ultimately PA-C2 should reach at least 1954 (62% retrace of the P5-C1 Ending Diagonal) and maybe 1889 (78% retrace of the P5-C1 Ending Diagonal).  The primary count remains valid for minor 2 wave below 2133.

The alternate (blue) count is that the Primary 5 (P5) of Cycle 1 (C1) Ending Diagonal (ED) is extending from the recent major [4]-P5-C1 low of 2044.   The final wave up for major [5]-P5 is underway and should unfold at a 3-wave, minor A-B-C.  Wave minor A reached the 2135 pivot and we just completed a minor B retrace of 78% 2063.  Minor C is now underway and should complete major [5]-P5-C1 near the P5 = 0.5*P1 target of 2172.  Note: the ending diagonal maximum (i.e. wave [5] < [3] < [1]) for this primary wave count is at 2044 + (2135-1981) = 2198.  The alternate (blue) counts remain valid above the recent 2044 low.   It will take a break of the 2046 pivot area to confirm the Cycle 1 (C1) top is in place per the primary count.

Have a great weekend !

SP-500 15-min chart (EOD):

PUG SP-500 15-min EOD 7-30-15

SP-500 30-min chart (EOD):

PUG SP-500 60-min EOD 7-30-15

SP-500 4-hr chart (EOD):

PUG SP-500 4-hr EOD 7-30-15

SP-500 daily chart (EOD):

PUG SP-500 daily EOD 7-30-15

SP-500 daily chart with indicators:

PUG SP-500 daily indicators 7-30-15

RUT-2000 daily chart with indicators:

PUG RUT-2000 daily indicators 7-30-15

Posted in RUT, SP-500 | Comments Off on July 30th, 2015: SP-500 EOD Update

January 1st, 2015: RUT Weekly Chart Update

Posted by pugsma on January 1, 2015

6:50 pm EST:  RUT continues to march higher towards its large (6 year old) Inverse Head and Shoulders (IHS) target of 1370.37, which also agrees with the E-Wave P5 = 0.62*P1 target of 1366.58.  There is also smaller (1 year old) IHS with neckline at 1200, head at 1040 and target of 1360, again agreeing two the other two targets listed above for the completion of P5-C1-SCV.

RUT weekly chart (12-31-14, EOD):

PUG RUT weekly EOD 12-31-14

 

Posted in RUT | Comments Off on January 1st, 2015: RUT Weekly Chart Update

October 2nd, 2014: RUT Wave Count Update

Posted by pugsma on October 2, 2014

10:30 am EST:  The Russell-2000 (RUT) has sold off -10.8% from its 1213.55 high set back in early July 2014.  It looks like that was the P3-C1 top and the RUT has been under going a simple major [A]-[B]-[C] Zig-Zag correction for P4-C1.  The major [C]=[A] target is 1072.82 and was nearly hit yesterday at 1083.00.  Also, the 23% fib retrace of P3-C1 target is 1077.61.  So there is a very bullish alternate (blue) count on the RUT that could see the P4-C1 correction bottoming here in early October 2014 and then launch higher in the P5-C1 wave going into the year 2015.   The P5-C1 first target is up at the large head and shoulder target are of 1370.37.

If the RUT needs to correct more than the 23% fib retrace for P4-C1, then there is the major [C]=1.62*[A]=1011.74 and the 38% fib retrace at 981.05.  This RUT count would align closing the SP-500 primary count correcting to 1801 for P4-C1

I will let you guess what the bullish scenario for the RUT means for the SP-500 wave count here.   Tonight I will show it on the charts, as an alternate (blue) count wave possibility.

RUT Weekly Chart (10-2-14):

PUG RUT weekly1 chart 10-2-14

Posted in RUT | Comments Off on October 2nd, 2014: RUT Wave Count Update

September 15th, 2014: RUT Weekly Chart

Posted by pugsma on September 15, 2014

RUT Weekly Chart (9-15-14):

PUG RUT weekly 9-15-14

Posted in RUT | Comments Off on September 15th, 2014: RUT Weekly Chart

May 13th, 2014: RUT Weekly Chart

Posted by pugsma on May 13, 2014

5-15-14:  Looks like wave major [A]-P4 on RUT had some addition work to the downside to complete today hitting a new low 1082.53.  The RUT daily chart now looks even better for a strong bounce up the 1142 area for a 50% retrace for major [B]-P4.  Today formed a nice long-tail, daily hammer candle the Feb 2014 low.  There is positive divergence across the three key indicators for RSI, MACD and Full-Stoch.

RUT daily chart (EOD 5-15-14):

PUG RUT Daily Chart with Indicators 5-15-14

5-14-14:  Here is an up close look at the count on the RUT ETF IWM, 60-min chart.

IWM 60-min chart (5-14-14):

IWM 60-min chart EOD 5-14-14

5:15 pm EST:  In contrast to the RUT daily chart shown on May 9th, the RUT weekly chart shows that the RUT is not likely going to make a new high above 1212 to join SP-500 and DJ-30 in their recent new all-time highs.  Both the SP-500 and DJ-30 are the final stages of terminal Ending Diagonal (ED) patterns.   Thus, the RUT is more likely forming head and shoulder top that will see P4 decline to the 980 to 950 level this fall.  A key indicator here on the RUT weekly chart is the MACD line that is headed below the zero line at steep -45 degree angle.

RUT weekly chart (EOD):

PUG RUT weekly chart EOD 5-13-14

Posted in IWM, RUT | Comments Off on May 13th, 2014: RUT Weekly Chart