April 25th, 2012: PUG Premium Service Discount Offer
Posted by pugsma on April 25, 2012
April 25th, 2012: Sign-up for the final two months of Q2-2012 (May to June) Premium Service at the pro-rated price of $60 and get the balance of April for free. Click the Google Check-out Store link to make a payment.
We had yet another VERY profitable past two days here at PUG SMA, LLC as I predicted EOD on Monday, April 23rd that the SP-500 would rise 30 to 40 points to 1393 to 1402 (see the EOD blog post excerpt from 4-23 below). And here we are two trading days later at 1390.
Protected: April 23rd, 2012: Update 2 – EOD
Posted by pugsma on April 23, 2012
5:30 pm EST: There is a 1-week long positive divergence on the $NYMO with respect to the SPX price. I’m expecting the SPX to move up 30 to 40 points over the next several days per the primary count. Also, the 60-min MACD is near a bull-cross with positive divergence.
The primary count is that this drop to 1359.79 is part of the minor E of major -P1-C3 wave. Remaining above the minor C wave low of 1357.38 is not a requirement, as the minor E wave must only hold above the Minor A wave low of 1340.03. However, in order for this primary count to have the “right look” a hold of this 1363 pivot area (i.e. 1363-7 = 1356) is important. The close today above the 1363 pivot is bullish. I have today’s first move to 1366 as wave (1) of minor 1 of major -P1 and the correction to 1361 as wave (2). Next I’m expecting a wave (3) move up to 1390, where (3)=4.22*(1). The target area for minor 1 is 1393 to 1402. And the minimum triangle target for major -P1-C3 is now at 1441 (1359 + 82) with the maximum still at 1504 (1422 + 82).
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Enjoy tonight’s music video selection from The Hives – “Giddy Up!”
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