"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, August 21, 2013

SPX - Bottoming?

Even if confirmation is required  the preferred count considers a bottom of minute degree (wave b), instead the first alternate a bottom of minuette degree ( Alt:[a] of b ).
The second alternate is still bearish.

Bought GMCR @ 83


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