Elliott and Fibonacci Patterns: SPX

Tuesday, August 27, 2013

SPX - The rebound is over?

Honestly the last intraday bullish wave looks more like a bounce of Alt:[4] that an upward move of minute degree .
Today we have confirmation.

ElwaveSurfer

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

When the pattern of a reliable average is favorable under The Wave Principle, follow the recommendations below:
A) Select the groups which perform in harmony with the average;
B) Then select stocks that move in sympathy with these groups;
C) Always choose stocks that are constantly active, medium priced and seasoned leaders;
D) Diversify your funds; i.e., employ more or less an equal number of dollars in from five to ten stocks, not more
than one stock of a group. Trading in less than five stocks is preferable to more than ten stocks.
(R.N. Elliott - Educational Bullettin December 1939)

Pagine

Tuesday, August 27, 2013

SPX - The rebound is over?

No comments:

Post a Comment