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Tuesday, June 23, 2009

ProphetCharts: $SPX


This SPX chart is the Game plan for the rest of the week......notice that on each correction upward results in a clean decisive drop to the down side......i expect the next drop will go beyond the 875 target area because this would be a continuation of the third wave beginning at 926.92....I plan to exit my spy long position when the spx gets to the 905 target zone and reenter short there as well....


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