![SPX06302011.png](/proxy.php?image=https%3A%2F%2Flh5.googleusercontent.com%2F-lGqhZSnEd7k%2FTg0Yr0Ps04I%2FAAAAAAAACA0%2Fo-Ackk8lQKc%2FSPX06302011.png&hash=0f30423f698d3731c694551065e9ea70)
Running Flat 3-3-5 had ended.
1. wave 4 never overlapped territory of wave 1, today's action concluded this 4days rally isn't wave 4 but a new wave.
2. truncation, failure wave 5 that reaches behind the end of wave 3, occurres after strong wave 3. Shape declines early this month could be considered as a "strong wave 3".
plz make comment