"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, August 23, 2012

SPX - Correction in progress

The situation is extremely uncertain.
 Today there are not clear signs that the uptrend is over, so I look forward to a completion of a corrective wave (label x wave) before a new upward move (z wave) (w-x-y-x-z pattern)
Have a great trading day ... with care!

la situazione รจ estremamente incerta.
oggi non ci sono chiari segnali che il rialzo sia terminato quindi mi attendo il completamento di una onda correttiva , (label
x wave)  prima di una nuova spinta rialzista (z wave) (w-x-y-x-z pattern)
Buon trading...e prudenza!

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