"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)

Monday, October 1, 2012

SPX - New uptrend in search of confirmation

The movement of the last session made ​​weak my preferred count, valid until breakdown of 1430 level.
The new first alternate count provides that the corrective wave began on September 14 is not complete and is forming the x wave of a complex wxyxz.

It's still risky open positions.
Have a great trading day with care!

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