"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, January 7, 2013
SPX looks tired
Of Friday, markets finished up on lower volume.
The minor uptrend is intact but the pattern is not clear; accordingto mypreferredcount,SPXcould build an irregulara-b-c of wave [b] ; wavec is in progress.
Have a great trading day...with care!
ElwaveSurfer
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