SPX daily update

Thursday, August 4, 2011

At this point and after some weeks follow the same count, I must changed after this sell off. At medium term I will keep counting this wave as "wave X".
At short term I will follow this like "flat wave". Now SPX is under wave iii of wave C. So at short term the donwtrend will continue. As I'm on holidays, latter I will try show this chart.

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