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[techcharter]

SPX Futures e-Wave Clear

http://charts.insidestocks.com/chart.asp?sym=SPU1&data=Z45&date=051406&den=HIGH&divd=Y&evnt=ADV&grid=Y&jav=ADV&size=D&sky=Y&sly=N&vol=Y&late=Y&ch1=011&arga=&argb=&argc=&ov1=&argd=&arge=&argf=&ch2=&argg=&argh=&argi=&ov2=&argj=&argk=&argl=&code=BSTKIC&org=stk

From July 8th to July 12 opening was a motive wave down

From July 12 to present is a correction side to up
wave a - zigag up July 12 to opening July 13
wave b - triangle sideways opening July 13 to late afternoon July 15
wave c - zigzag up predicted for July 18.

In general, the market will move higher in the overnight and pre market Sunday night into Monday morning. By Wednesday there will be a drop much lower than this week's low.