"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, November 20, 2013

SPX - Doubtful pattern

The pattern is not clear; there is a lack of alternation between the wave 2 and the wave 4

Preferred scenario; SPX is in wave 4 of wave [1] of c minute.

First alternate scenario: SPX is in Alt:a/w of Alt:[x] of Alt:y

Have a great trading day...with care!

ElwaveSurfer




Monday, November 18, 2013

SPX - Always in uptrend

The preferred bullish scenario  shown in the post of last Monday seems correct;
the market could be in wave 3 of [1] of c minute of c minor of (y) intermediate.

ElwaveSurfer





Monday, November 11, 2013

SPX - The alternate scenario prevails

SPX could be in wave [1] of c minute of c minor or in wave Alt: [x] of Alt:b .

ElwaveSurfer

Thursday, November 7, 2013

SPX - Still in congestion phase

It's not like I expected.
Wave [4] is still in progress or this is wave Alt:b

ElwaveSurfer




Wednesday, November 6, 2013

SPX - Crossroads

The expected upward acceleration delays so we arrive at a crucial point where the first two counts have the same chance.
Preferred scenario (bullish); the market is in the early stage of wave 3 of [5] of 1 or Alt:a
Alternate scenario (bearish); the market is in triangular wave Alt:[x] of Alt:b , first target 1714.

ElwaveSurfer



Tuesday, November 5, 2013

SPX - Now an upward acceleration is required

It's still not clear if wave [5] of 1 or Alt:a  is in progress.
For a true confirmation is required an upward acceleration.

Have a great trading day...with care!

ElwaveSurfer




Monday, November 4, 2013

SPX - Waiting the fifth wave

The last week has been focused on the dual written test of the public competition that I was preparing for months. Wednesday I have supported both, and now I'm waiting  for the results.

I took a long weekend in my cottage to retrieve the mental energy (stress was heavy) and the physical energy (the accused illness a fortnight ago).


This week, even if you return to work, I should be able to make at least three posts (if not every day).

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The preferred scenario is still in progress; the market could be in wave [5] of 1 of c minor.
The new alternate scenario : wave Alt:a of Alt:y .

Have a great trading day...with care!

ElwaveSurfer