"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)
Friday, August 2, 2013
SPX - The bullish breakout has occured
Finally the breakout!
The preferred scenario is confirmed; we should be in the early stage of wave 3 of  of a , even if the pattern is not clear.