Tuesday, June 4, 2013
We'll stick with the count that the market is working lower in a series of wave 1's and 2's. This implies a panic point "third of a third" wave will be coming. Note the backtest of broken support as suggested last night.
S&P 500 ~ Intraday 2 ~ 4 June 2013
If 1623 breaks, the next objective is 1600.
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