"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, May 14, 2012

SPX - Only a little sideways congestion

No bounce, only a miserable sideways congestion, and the market has already taken the bearish move.
The main scenario takes a fast confirmation.
Next targets: 1320 and 1290, perhaps later this week.

Have a great trading day...with care!

Nessun rimbalzo, solo una misera congestione laterale, ed è già ripreso il movimento ribassista.
Lo scenario principale prende una veloce conferma
Prossimi targets: 1320 e 1290, forse entro questa settimana

Buon trading...e prudenza!

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