"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)
Thursday, February 14, 2013
SPX - Exhausting rise
Still a contrasted session. Thisdifficulty in risingcanbe an exhaustionsignalora reload signalforthe final upward move. Preferredcount:afterwaves1-2 /(i) - (ii)the market riseswithwave (iii)of 3
Alternatecount: market is completing a diagonaltriangle inwaveAlt: that involvesa downward wave of minute degree.