"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).

1 comment:

  1. eToro is the #1 forex broker for newbie and professional traders.