Jun 20, 2010

SP 500 The bulls woke up again

       This mornings price action confirmed strong bullish signal breaking the main 1*1 Gann angle.  There are overbought conditions in four hours chart and lower time frames, so we can reckon on brief pullback, testing the 1*1 angle and potential "A"wave support . If the price refuse to break the "A" wave and 1*1 angle support  will be setup the perfect long entry again. 

Good luck!

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