"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, March 22, 2013

SPX - Correction continues

Preferred scenario continues to prevail; after the completion of upward wave [b]/[x] , now we could be in the third wave of b , that seems to be a double zig-zag, where the first w is already finished; I'm waiting for the continuation of the down move.
First alternate scenario (bullish); we are in the Alt:2 of the Alt:[5] of a .
 
Have a great trading day ... with care!
 
ElwaveSurfer
 

 
 

No comments:

Post a Comment