"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, December 3, 2012

SPX - Still bullish

Still bullish with fast start;
slight change in my preferred count;
there is still at least another upward wave [w] or [Alt: 3], [y]  target @ 1450 due to a
Fibonacci price cluster; 1450 = (0.618 *  ) + w and y = w from x
Only the Alt: consider the possibility of an istant small downward.
Have a great trading day...with care!

ElwaveSurfer



No comments:

Post a Comment