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Wednesday 21 July 2010

17:43 BST - SP X Update

Bullish count: we've started wave iii of (v) up from today's low. Bearish Option: from today's high we've had (1) down and an expanded flat for wave (2).

The bullish count will be invalid as labelled if we drop below today's low; the bearish count is invalid as labelled above today's high.

SPX 1 min chart - today's move: