"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)


Monday, January 30, 2012

SPX - Pullback in progress (part three)

I confirm the scenario indicated in the last post;  this correction is useful to reposition the equity portfolio, maintaining strong stocks and removing the poor.
Price targets: the two Fibonacci's price clusters @ 1305 and @ 1294
I have not found a suitable Fibonacci's time clusters.
Have a great trading day...with care!



Confermo lo scenario indicato nell'ultimo post; questa correzione รจ utile per riposizionare il portafoglio titoli, mantenendo le azioni solide e rimuovendo le altre.
I target price sono i 2 clusters di prezzo di Fibonacci a 1305 e a 1294
Non sono riuscito a trovare un valido clusters di tempo di Fibonacci.
Buon trading...e prudenza !

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