"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)


Tuesday, July 9, 2013

SPX Update

Since last Saturday I'm on vacation in the Trentino's mountains;
the internet connection is not always possible, for example yesterday after writing the post it was impossible to publish.
For this reason it is likely that up to Monday, July 22, I will not be able to publish posts every day as usual.

-----
The rise, beyond my expectations, require an update of the counts.
Preferred count: the upward wave began on June 24th is the second wave x of a complex corrective pattern labeled minor wave x ; maximun target: 1653.
First alternate count: minor wave Alt:x is over June 24, so we are already in wave y



Interesting leading stocks with high Canslim rating in a flat base pattern:

ACT, GOOG, BOFI, GMCR, AWAY, DDD, HTZ, TRIP, ILMN, VRX, PKG, MTZ


Have a great trading day ... with care!

ElwaveSurfer

No comments:

Post a Comment