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Monday, July 2, 2012

$SPY: EW count and forecast.


Yes, it was a wave 4, but one of minor degree, so EOD we can have wave 3 orange in place and tomorrow, we can get  the orange wave 4, in play, down to 134/134.5

$SPY: Wave 4 retracement?


We call on saturday to a retracement as a wave 4. Target could be down to 134-134.5?