"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 19, 2013

SPX - Still up in corrective mode

Updated count.
Even if the market has reached the 61.8% Fibonacci price retracement,  the bullish move does not seem finished, but now it is labeled as wave [y] of y (or of Alt:x ).

Have a great trading day...with care!


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