"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, September 20, 2012

SPX - Waiting for a bottom of minute degree

By now the trend continues following the outline of the preferred scenario;
between today and tomorrow I'm waiting for a bottom of minute degree (x wave) in the black area inside the yellow rectangle (see chart 2 and last post).
At this point it need to focus on the pattern's structure that will be difficult to decrypt because it seems a complex.
Have a great trading day ... with care!



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