June 1st, 2010: Update 3 – Intra-Day Afternoon
Posted by pugsma on June 1, 2010
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SCI-SCV, SCA-SCC: Super Cycle
C1-C5, CA-CC :Cycle
P1-P5, PA-PC : Primary
[1]-[5], [A]-[C] : Major
1-5, A-C : Minor
(1)-(5), (a)-(c) : Minute
i-v, a-b : Minuette
Primary Count:
White/Green (Bull Market)
White/Red (Bear Market)
Alternate Count: Blue

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Posted by pugsma on June 1, 2010
2:10pm EST: Continued consolidation around the 1090 neckline. As long as the SP-500 stays above the 1065/1074 gap support, there is a good chance the wave (3) advance can get underway. Below 1065 and I’m concerned there may be a drop below the 1041 low.
SP-500 15-min Chart (2:00pm):
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