"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)


Friday, October 19, 2012

SPX - Correction continues

Yesterday began the expected pullback that should lead the index at least in 1445-1450 zone, where there are the Fibonacci price retracements 50% and 62.8%.
So the correction continues.
Have a great trading day...with care!


ElwaveSurfer

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