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Oct 11th, 2010: Update 4 – Afternoon

Posted by pugsma on October 11, 2010

3:40 pm EST: The first rising wedge (green) has been broken.  I have a count for the ED complete at 1168.68 this morning.  Will need to break through the lower blue channel trend-line to confirm and make a lower, low under 1151.41 would also confirm.

SP-500 5-min chart (3:35 pm):

 

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