SPX (S & P 500, http://stockcharts.com/freecharts/gallery.html?s=spx) Has An Elliott Wave 12345 (up down up down up) Pattern From Late Wednesday Until Very Early Friday, see http://finance.yahoo.com/q/ta?s=^GSPC&t=5d&l=off&z=l&q=c&p=v&a=w14%2Cw14%2Cw14%2Cfs&c=. Note the huge volume spike in the five day chart (link above) at Friday's open.
Also, SPX's daily candlestick chart looks bearish, see http://stockcharts.com/freecharts/gallery.html?s=spx. Watch SPX's downside gap at 1273.72 (created at Friday's open) on Monday.
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