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Friday, June 15, 2012

$BAC: EW count and forecast.


$SPX: EW count and forecast.


Wave 2 will need 3 waves, a,b and c. Maybe wave a is in place or need a bit more. Timming is very difficult to forecast, but we know that these 3 waves have to complete its development to get wave 2 in place.Wave 2 forecast continues in 1,390 area. Green fine line is the neckline of a HS.