SPX daily update

Tuesday, June 2, 2009

My bear count was invalidated today (despite this i have another alternative count) so the bull count is alive. However after a rise of +-50 points in two days, i expect some correction at these values. Due the weak retracements it's hard to say if this first abc was finished but tomorrow with more data the picture will be more clear.
EDIT: I will not play the (bear) alternative but maybe the market want to fool everbody.

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