"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, February 8, 2012

SPX - Strong bull market with short breaks

The update of the count considers as preferred scenario a wave 3 (green) being completed (maximum up to 1357). Then pause for consolidation in wave 4. The alternative scenario involves an irregular in progress.
Always strong bull market.
Have a great trading day...with care!



L'aggiornamento del conteggio considera, come scenario preferito, un'onda 3 (verde) in corso di completamento (al massimo fino a 1357). Poi una pausa di consolidamento in onda 4.
Lo scenario alternativo prevede un irregular in formazione.
Comunque sempre un mercato rialzista forte.
Buon trading... e prudenza!

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