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June 25th, 2010: Update 3 – Intra-day Afternoon

Posted by pugsma on June 25, 2010

2:15pm EST:  Bullish falling wedge (leading diagonal) for wave 1-[C]-P2 has been broken above at the key level of 1079.  I’m looking for wave a-2-[C]-P2 to reach about the 1088/1090 area before wave -b-2-[C]-P2 pullback to 1080 area and wave c-2-[C]-P2  finish in the 1100 to 1110 area early next week.

Note:  The EOD update today will be posted after 7 pm EST, as I have something to attend to later today. 

SP-15 min Chart (2:15pm):


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