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Re: None

Wednesday, 05/23/2012 3:56:24 PM

Wednesday, May 23, 2012 3:56:24 PM

Post# of 51788
SPX Wave update

It looks like a motive wave which started in late April-early completed late this morning. Its subwave 5 may have truncated. The rally this afternoon so far is motive, but wave 4 has not started. This is looking like the beginnings of a multiweek corrective bounce.


http://charts.barchart.com/chart.asp?sym=$INX&data=Z60&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


http://bigcharts.marketwatch.com/advchart/frames/frames.asp?symb=spx&time=&freq=

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