"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, January 6, 2016

SPX - In trouble

After the sell-off on Monday, it increases the likelihood of a bearish breakdown of flat pattern;  
in such case, the alternative scenario (red dotted line) would prevail.


ElwaveSurfer

9 comments:

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