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June 1st, 2010: Update 1 – Pre-Market

Posted by pugsma on June 1, 2010

8:41am EST:  ES Future have traded down to 1069 (1072 cash).  This is near the lower end of my channel line and lower target of 1069 (62%) for the wave (2) of the primary count.  The 2nd alternate count (in red) has to be taken seriously the SP-500 breachest the 1068 to 1074 gap area.

SP-500 Futures (8:26am):

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