"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)


Thursday, July 26, 2012

SPX - Doubtful framework - part 2

Always fog. Yesterday's session does not clarify the basic picture. Today in Europe is simply a statement of ECB Pres. Mario Draghi to raise the indices;
erratic earnings announcements for the Leaders (AAPL down; ALXN, V, WFM, SWI up; today we see the effect of GNC, AMGN, CSTR, SBUX, CELG, FB, CAB, AMZN; XOM ok)
Bounce? Probably... but caution.
 Have a great trading day ... with care!


Sempre nebbia. La seduta di ieri non chiarisce il quadro.
Oggi in Europa è sufficiente una dichiarazione di Mario Draghi della BCE per alzare gli indici; annunci degli utili altalenanti per le azioni leaders (AAPL giù; ALXN, V, WFM, SWI su; oggi vedremo l'effetto di GNC,AMGN, CSTR, SBUX, CELG, FB, CAB, AMZN; XOM ok)
Rimbalzo? Probabile, ma cautela
Buon trading...e prudenza!

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