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Fox13

10/23/09 1:10 PM

#89697 RE: Footquarters #89695

When counting waves could matter…. SPY seems to have been rejected at 108.7 (at leas for now) and we have to consider that structurally we are building a mutant H&S, which means that wave 3 UP (yellow) has been aborted. Welcome to summing cycles in search for the new trough…somewhere DOWN.