"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)


Wednesday, January 11, 2012

SPX - Bullish breakout

Finally, it is bullish breakout in the opening of the first day following the Fibonacci time clusters.
Now as a further confirmation of the start of the new uptrend is necessary to break the next area of ​​resistance in 1290-95, possibly with stronger volumes.
Next Fibonacci time clusters on Jan. 13.
Have a great trading day...with care!




Finalmente è arrivato il breakout rialzista in apertura del giorno successivo al primo Fibonacci time cluster.
Ora come ulteriore conferma dell'avvio dell' uptrend è necessaria la rottura della prossima resistenza in area 1290-95, meglio se con volumi più forti.
Prossimo Fibonacci time cluster 13 gennaio.

Buon trading...con prudenza!

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