12:33PM – .382 for SPX needs to hold to be “just a W4″

Written on February 2, 2012 by gem-x in Elliott Wave Intraday - 1:34 pm

A W4 at .382 would hold 1322 and rally back over 1331 in a 5th wave..1322 breaks, SPX would drop in at least a corrective 2 into the close..

- - 1:34 pm

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