"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, May 29, 2013

SPX - Congestion phase of minuette degree

Preferred scenario: the market could be in the downward wave c of a zig-zag pattern a-b-c of wave [a]/[w] of x minute;
First alternate scenario: Alt:y of Alt:[4] , close to a new upward move.
Have a great trading day ... with care!

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