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Monday, June 4, 2012

Monday, 6/4/12 update

Updated ES count.
Price action today looks like Micro W4 correction to Minute W5 down from the 1334.25 high of last Tuesday. Micro W4 looks to be a triangle so far although it could morph into something different before it's over.  It should conclude overnight or tomorrow and then roll over into Micro W5.  Dotted lines in chart are intended to show possible trajectory, they are not hard predictions of price levels.



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