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Monday, June 4, 2012

$SPX: EW count and forecast.



We have just posted ,the bullish setup theory in the $ES_F chart. Looking the $SPX daily chart, the story is the same but, the "clue level" is at 1,277.70. Looking, closely, this chart we tend to think that, maybe, markets are due for a bigger downfall. We will see if price respect the "clue line". IF not, things will turn very pessimistic.

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