"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, February 3, 2014

SPX - Temporary correction

Even if my last post is dated several weeks ago (I focused on the Italian Stock Market with good performance) the main trend has proved correct.  

The preferred count (revisited) shows a correction of wave 2 minute [ of c minor of (y) intermediate ] in form of zig-zag pattern where wave [a] appears completed and the market could be in wave [b] (flat or triangle).

Have a great trading day, with care!

ElwaveSurfer




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