4/12/12 - EOD Update

SPX - 15 Min

Lots of options near term. The red option is not looking too good since wave 4 with this option is just way out of proportion.

I'd say blue and pink are the top contenders right now. Bulls need to defend 1374.71.

Notice that there is a sub-option for the blue count, which is a nested 1-2 i-ii up.