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Monday, October 24, 2011

SPY EOD EW count and perspective for tomorrow.


 As posted today, the first count was the correct and,maybe, wave 4 of 5 of b is in place, from last week as shown in the chart above.
We have label wave 5 of  b and, maybe, is in place today or, as soon as tomorrow. Check out the chart below.
Wave c,down, will start soon. Only price action will tell us.

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