Tuesday, April 5, 2011

SPX Daily - Tuesday, Apr 5

@ 1 PM
The most bearish interpretation would be that today's top was a Minute 5, leading to a truncated Minor 5.


@ 12 Noon
We did well with the triangle. Wave i breakout looks good, though iii is just getting it's strength.
This rise from 1249 could be the entire Minor 5, or just Minute 1 of Minor 5.

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