5.09.2012

We may see an unsuccessful pullback to test 1347.75 then a rebound to test 1374.xx

SPX
My preferred scenario based on Elliott Waves is an unsuccessful pullback to test 1347.75 and a rebound next to test 1374.xx.
The pivot moment might be about 12.30pm.
(I'm glad to see my evaluated resistance 1363.94 for yesterday's bounce took effect)

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