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June 24th, 2010: Update 2 – Intrad-day Morning

Posted by pugsma on June 24, 2010

10:03am EST:  SP-500 is at the cliffs edge (1079 cash).   This 62% retrace and horizontal support area should hold if the a near term (2 to 3 week) high above 1131 is going to occur.  Looks like the wave v-c of (2) is complete or near complete.

SP-500 15-min real-time chart link: http://www.freestockcharts.com?emailChartID=bed8dfab-ecdb-48c9-b1e3-616eda34f5b1

SP-500 15-min chart (10:00am):

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