"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 è 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!

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.