"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)


Wednesday, September 19, 2012

SPX - Correction doesn't seem complete

No changes to the scenario pointed out yesterday; correction continues.
The  assumed count would be confirmed if the bearish move ended, at least, in the black area of the yellow rectangle (chart 2), at the crossing of Fibonacci price and time clusters (1446-1426 / 20-21 September).
Have a great trading day...with care!




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