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June 10th, 2010: Update 3 – Intra-Day Mid-Day

Posted by pugsma on June 10, 2010

12:51pm EST:  Looks like a small bull flag forming on the drop from 1083 to 1073.  If I’m right we will have at lest a 10 point rally into the close to challenge this mornings 1083 high.  Any close above 1070 keeps the momtentum with the bulls.   Also, I have drawn in some new upperward sloping (purple) channel lines to watch.

SP-500 15-min chart real-time link: http://www.freestockcharts.com?emailChartID=c31c0d17-3783-4d0f-a5f2-a07a42a4f6de

SP-500 15-min Chart (12:45pm):

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