"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, June 12, 2013
SPX - Immediate rebound or new bottom
SPX shows weakness;
on intraday basis, or the preferred count (bottom b/x of [a]/[w] of y) prevails today, or it will be replaced by the first alternate (Alt:[z] of Alt:x still in progress).