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Sept 20th, 2011: Update 1 – Morning

Posted by pugsma on September 20, 2011

10:40 am EST:    Here is the updated 5-min chart this morning.  Looks like we are working on 5-waves up to wave (1) of minor C of major [Y]-PB.  Once complete we should see a wave (2) correction and then a wave (3) drive to the 1229 pivot area or above.

SP-500 15-min chart (10:35 am):

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