"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, May 3, 2013
SPX - The pattern is not clear
Yesterday's upward move complicates thepattern. Maybe it's thebeauty of Tuscany's landscapes, whereI am on vacation,that distractmy concentrationbut Ican not findapropercount.
It seemsthat the market isforming acongestionto search forbullish breakout.