"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)


Wednesday, February 13, 2013

SPX - Up with little strength

SPX has broken upward with little conviction.
Preferred count: after waves 1-2 / (i) - (ii) the market rises with wave (iii) of 3
Alternate count: the completion of a diagonal triangle in a short wave [5] involves a downward wave of minute degree.

Have a great trading day...with care!

ElwaveSurfer


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