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[blustar]

Monday ends wave 4 of C, 5 of C = Wave 1 or 60 SPX points. 1666= 20 Day MA and .236 retrace, 1726 hits top of BB daily next Thursday. Wave 1 = Three days, Wave 5 = Three days. Monday is TD 8+1 low also 24 day 3X8. This corroborates an end of month early month rally and much of the data being postured here. The next cycle low the 20 wk +/- 2 wks- is due mid Aug-mid Sept. Minimum downside expected 1460-1470 SPX.