"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, May 7, 2013

SPX - Always in uptrend

The market remains set in a bullish mode, even if a temporary pullback is likely.
Preferred scenario: SPX has completed the a of [y] of a/w wave of minute degree.
Alternate scenario: the wave completed is the Alt:1 of Alt:[3] of a .
 
Have a great trading day ... with care!

ElwaveSurfer


 

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