SPX (S & P 500, http://bit.ly/i0nsT) is in Wave 5 Up of the Upcycle Since 6-8-10's 1042.17 Cycle Low, see http://bit.ly/i0nsT. The bearish red candles with a spike on 6-9-10 and 6-14-10 correspond to Wave 1 and Wave 3 cycle highs of the upcycle since 6-8-10's 1042.17 cycle low. Got Elliott Wave?
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