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CURRENT MARKET TREND: Up 5/27/16 @ 2090
Stop-loss 2026






Friday, September 6, 2013

Intra-Day Update

Whether my previous count was correct and the boost this morning in the SP-500 completed wave 5 of C of B or this alternate count posted by EWTnewbie is correct and we head up to the 1666 area. Either way, I'm adding to my puts here at 1660 and adding more at 1666. There is a solid fib resistance zone (FRZ) in that area where c of y = a of y, y = 1.618*w, the 50% retrace of the entire move down as well as the prior 4th wave.

Chart:

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