"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, March 10, 2014

SPX - Still bullish in the short term

The trend seems still bullish in the short term

SPX could be in wave (b) of 2 of [3] of 3 or Alt:5 of  c or Alt:5


Friday, March 7, 2014

SPX - Temporary pullback.

Wave 1 of [3] of 3 (or Alt:5 ) seems to be completed.

I'm waiting for a micro-pullback.


Wednesday, March 5, 2014

SPX - Bullish scenario

Strong rebound and more than what I had expected.
The alternate scenario prevails and becomes the preferred one:
we could be in wave 1 of [3] of 3 minute.


Tuesday, March 4, 2014

SPX - Bounce

Preferred scenario: bounce in wave (b) of y of [2]

First alternate scenario: we are already in Alt:[3].