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Monday, August 30, 2010
Monday's intra-day updates
Click here for a live, and updated chart!!! 6:52, The upper black channel line needs to hold for the bearish count to stay valid, the bears are up against the wall now and need to take the ball and start making more minor lower lows. 1075.41 is the next previous higher high that would the smaller-term trend to full bullish, and an early warning sign that the longer-term trend is about to go bullish. Click here for a live, and updated chart!!!
6:45, So far this morning the last bearish fan has contained this rally, but the SPX is very close to breaking free of the short-term bearish fans.