"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, March 12, 2013

SPX - Is an extended third or fifth wave of minuette degree?

I'm undecided about last upward move; it may be still a wave [3] or already the extended [5]
However, the uptrend is not yet over, and I confirm the scenarios I described yesterday.

Have a great trading day...with care!


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