"All human activities have three distinctive features: pattern, time and ratio - all of which observe the Fibonacci Summation Series" (R.N. Elliott - "Nature's Law - the Secret of the Universe" - 1946)


Tuesday, December 6, 2011

SPX 10 m Update: Now the up wave is over?


The up movement is very strong...but caution!

I'm waiting at least for a stochastic 60 m pullback under 20 before to open a new long position (not only but also: - a good Fibonacci retracement in price and/or time ; - a completed and realistic pattern).

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