"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)


Thursday, December 15, 2011

SPX - Always in a endless corrective wave

New count (amoung a lot of possibility...); the 2/b down wave doesn't appears yet completed. Next great Fibonacci's window , where crisscross interesting price and time clusters, is between 19 and 20 december in 1200 area.Waiting for a drop in hourly momentum and stochastic. Don't be in hurry to open a new long position.



Nuovo conteggio (fra i tanti possibili...); l'onda ribassista 2/b non sembra ancora terminata. La prossima importante finestra di Fibonacci, dove si intersecano interessanti clusters di prezzo e tempo, si trova in area 1200 tra la fine del 19 e l'inizio del 20 dicembre. Aspetto un calo del momentum e dello stocastico su base oraria. Non bisogna avere fretta ad aprire una nuova posizione rialzista.

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