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Public blog posts only as education and entertainment. private membership market updates reflect my view and analysis of the market. The information contained on this website and from any communication related to the author’s blog and charts is for information purposes only. The chart analysis and the market comments do not hold out as providing any financial, legal, investment, or other advice. In addition, no suggestion or advice is offered regarding the nature, profitability, suitability, sustainability of any particular trading practice or investment strategy. The materials on this website do not constitute offer or advice and you should not rely on the information here to make or refrain from making any decision or take or refrain from taking any action. It is up to the visitors to make their own decisions, or to consult with a registered professional financial advisor. And i absolutely discourage trading options.

Thursday, June 30, 2011

initial MT downside target: $spx 1170

Jul 5: PS. hi Pelican, hope you had a nice Jul 4th long weekend.
there are two patterns rhythm well with current bounces, this morning i sent a special member report detailed what's going on.
my view is $spx already topped at 1370. 1370 most likely WILL NOT be passed above in this DECADE!
just dead cat bounces of last week, last week's bounce is 4 points weaker than the plunge force in the same period of time since Jun 1. i have a roadmap for the coming developement, bears will like it.
i see many popular blog bears turned to bullish and looking for new high, imho, just those capitulated so caled bears.

detailed in today's humblestud​​​​​​​​​​​​​​e​n​t membership July 4th, 2011 weekend report, 14 pages -
simply the best, i guarantee!

have a great Jul 4th weekend!