SPX intraday update (Part 2)

Friday, February 12, 2010

I expected SPX at these values however didn't like the strength of this movement. The bears need a good sell off to validate my primary count however the bulls gain strength (again) when did the test of the short time trendline.
So SPX still inside the lateralization area and the both counts (primary and alternative at medium term) are also still valid.

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