"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 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.


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