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July 2nd, 2010: Update 5 – Intra-day Afternoon

Posted by pugsma on July 2, 2010

3:30pm EST:  I’m making the call this afternoon, July 2nd, 2010.  P2 has ended at 1010.91 the 38% P1 fib point.  This is the PUG P2 bottom.   Tuesday July 6th, after the 4th of July Holiday, is when the fireworks begin on the start of P3.  We have been putting in the i-ii of 1-[1]-P3 the last couple of days.  I’m looking for 1040 by Tuesday July 6th and 1084 by Fri. July 16th for OPEX. 

SP-500 60-min Chart (3:20pm):

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