"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)
Friday, December 9, 2011
SPX Update - Uptrend resume?
The setup was good and the market has gone without me! Only Fibonacci time and cycle were corrects, while price, pattern and momentum don't seemed so.
In any case, the structure remain unclear.