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Aug 23th, 2010: Update 3 – Mid-Day

Posted by pugsma on August 23, 2010

12:20 pm EST:  Even if you are bearish and playing my alternate count (in red) the a-b-c corrective for (2)-3 projects to about 1087.  Just keep an eye open for any break down below 1064 and then 1057.  If 1057 breaks down, then 1037 could come very quickly.

SP-500 15-min chart (12:15 pm):

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