SPX daily update

Wednesday, July 22, 2009

Hi again. Market retraces as expected and gave us new long opportunities. I'm not sure if it's going retrace a little more but it is fairly possible. I change my count a bit but the new one leads to the same place. Think this market should move higher tomorrow or Thursday. Little Patience.
Still not reasonably satisfied with the count but I think we are on a not ended impulsive move for sure.

Best regards

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