"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)
Monday, May 20, 2013
SPX - Close to the top of minuette degree
The bullish move continues as expected as preferred scenario (the 2nd Alt has been invalidated).
Now we should be in the wave (3) of 5 of [3] (or Alt:[c]) of a minute .
Next target: 1674.
Have a great trading day ... with care!
ElwaveSurfer
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