"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 6, 2013

SPX - The uptrend resumes.

In the last post I wrote: "it seems that the market is forming a congestion to search for bullish breakout".
And so it was even though I did not expect that.
The alternative scenario becomes the main; the uptrend resumes, we should be in the [y] minuette of a/w minute wave of minor z wave. 


Have a great trading day...with care!

ElwaveSurfer



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