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Look at the Dollar now gang… on it’s way to the FP of 86.47!  LOL!  I think I see the plan now, as it’s looking like we will go down in the market first while the dollar climbs to the FP, and then it will rollover and the market will rally to the new FP on the SPY of 135.71 for the wave 2 up top.  (just thinking out loud here)

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From the looks of things so far it more likely that the FP on SPY of 135.71 won’t be hit this week.  I do think it will be hit before another wave down starts.  I’m thinking that they could turn this into a rising channel that would extend into next week.  Then hit the FP (around 1355 here on the ES Futures) by the 11th (or before).

http://screencast.com/t/uRABKHrhOeI

The “6” days prior” to 6-6-12 begins at midday of the 5-31-12 worldwide local time.

Ritual on S&P too.S&P 500 1,332 +15 +1.11%