"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)
Monday, November 18, 2013
SPX - Always in uptrend
The preferred bullish scenario shownin the post of last Mondayseems correct;
the market could be in wave 3 of  of c minute of c minor of (y) intermediate.