Recent analysis remains well intact


nice strong hold by bears of the 2752/2753 Fib.

That can be it for the multiple counts projecting to the green box.

reiterating the 2753/2762 zone as important for immediate bullish continuation.  Above it breakout should be respected.  And as long as we remain below it that green box is what i'm targeting for great swing long opportunities for the wave 5 to new highs.  Whether or not one wants to short the move to the green box on a shorter time-frame is up to the style of the trader.

$SPX.X - Micro - Jun-05 0851 AM (1 hour)
$SPX.X - Micro - Jun-05 0851 AM (1 hour)


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