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Friday 23 July 2010

16:20 BST - SPX Update

Here's a possible count from the 1065.25 low - the main labels relate to the bearish Options 1,2,3 and 5, while the alternative labels relate to the bullish Option 3 - please see last night's update for the larger context and invalidation points:

SPX 1 min - count from 1065.25: