"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)

Tuesday, September 25, 2012

SPX - Congestion continues, and still lacks the "x" bottom

The sideways pattern continues, and there is the possibility of a triangle in wave x.
It seems that still lacks the bottom of minute degree (x wave) (see targets in the last post).
Have a great trading day...with care!

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