Thursday, June 24, 2010

6/24 Daily Commentary

The stock market should have completed it's first 5-wave since Monday's high.  Count is i circle of 3 or (3). i circle is labelled m1 on the chart.

In case I'm wrong I hold a 2% SDS position, but hope to get a larger position at better price tomorrow. The raw and longer-term I1 sell signals are in effect until 7/5.

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