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S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,220.00
(
-0.20%
)
Dow Jones
39,150.33
(
0.04%
)
Brent Oil
84.39
(
0.00%
)
Bitcoin
64,256.62
(
0.26%
)
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trader53

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trader53

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Re: None

Tuesday, 06/08/2010 5:50:54 AM

Tuesday, June 08, 2010 5:50:54 AM

Post# of 64330
Review of the S&P 500

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=1&mn=0&dy=0&id=p77486623915

on this correction. ,
the entire correction from the SPX 1220 April high should be a five Minor wave sequence to the downside, and we still appear to be in the first Minor wave.

Upon completion of the five waves down we should complete the correction of this bull market.

The low should likely occur at one of two ranges, 1007 to 1018 , or 924 to 944 .

This low ( June or July), should also coincide with the regular 4-year presidential cycle low.

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