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Wednesday, June 10, 2009

The structure of this wave does not appear impulsive. But I'm hoping that the count I've been touting is still correct. It may be that wave e will finish tomorrow at around 925 to 930.

If we go below 920 I'd be concerned and 912 is a deal breaker. Keep an eye on the Euro and the structure of the waves on the SPX when we go down tomorrow.

Analysis presented on this blog has only informational and educational purpose and does not represent a proposal for buying or selling currency contracts.

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