SPX UPDATE
Monday, July 16, 2012
Since my last update SPX is labelling a double zig zag so at short term expect SPX between 138x's-139x's. Read more...
Since May lows SPX seems finishing 5 waves to the upside as leading weadge. So, at this point the waves suggest the bullish count (chart 1 and chart 2) is underway.
Since the 2012 high's and following my long term count two counts are possible:
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