"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)

Tuesday, February 12, 2013

SPX - Still bullish

Nothing happened , only an extension of the sideways move.
But now I think that wave 2 is over and the market could be ready for the upthrust, otherwise the index falls.
My preferred short-term view is that posted yesterday (SPX hourly chart): still bullish.

Have a great trading day...with care!


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