Thursday, June 30, 2011

SPX Daily - Thursday, Jun 30

@ 4 PM
May be wave 2 just has to touch the 61.8% retracement, to prove it is a wave 2.


@ 1 PM
Minor 2 has gone up too much too fast. We may get another X and a Z to buy time.

@ 12 Noon

The retracement is still shy of 61.8%. At yesterday's high it was possible to count 13 subwaves in wave c.
Looks like today we got another extension, for a possible total of 17 or 21 waves.


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