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Saturday, July 21, 2012

$SPY: EW count and forecast. 1 hour chart. Due for last push up?


This is an alternative count that, for coincidence, could be a,short time, bullish setup with $AAPL earnings. Target for wave 2: 138.53. This count is using fibonacci extensions.Fibonacci rules the mass psychological mood. This is for my record.
The principal count, looking only the TA price indicators, should be that wave 2 is in place.


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