"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, December 7, 2012

SPX - Waiting the breakout or breakdown

Nothing new to add to yesterday's post; the index continues in congestion.
Too many counts are possible, including that of a triangle formation.
The break there will be soon, on one side or the other.
Have a great trading day...with care!

ElwaveSurfer


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