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Re: techcharter post# 45690

Wednesday, 07/13/2011 1:09:15 PM

Wednesday, July 13, 2011 1:09:15 PM

Post# of 51799
Still Choppy bounce

On the hourly chart for the market, it looks like the SPX is tracing out wave 2 flat.

The SPX futures market shows even more chop. The price is near 50% retracement, and time is fibonacci 5:8 bounce to selloff. Still a good time to exit.

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