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Wednesday, October 19, 2011

SPY EOD EW count.



Nearly EOD I posted in Stocktwits:

    I was thinking that and now I'm thinking in a big drop tomorrow because:
    Obs 1: Price has make a double top.
    Really all indicators are poised to a big drop.
    Obs 2: Price, tomorrow morning may raise to here but, anyways surpass it.If surpass these level, maybe, price can develope a wave 4 or a wave 2 at upper levels.

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