"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
Yesterdaybeganthe expectedpullbackthatshould leadthe indexat leastin 1445-1450 zone, where there are the Fibonacci price retracements 50% and 62.8%. Sothecorrectioncontinues. Have a great trading day...with care!