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June 17th, 2010: Update 6 – Post-Market

Posted by pugsma on June 17, 2010

10:58pm EST:  The waves count a lot better on the ES Futures.  Today’s move down from ES 1117 to 1100 looks like an a-wave with a drop out of the channel.   And the move back to ES 1112 was a b-wave to back-test the busted channel.   If c=1.62a, then c will target ES 1085 (cash equiv of 1089).

ES Futures (11:20pm):

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