"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, February 29, 2012

SPX - Unaccountable pattern

To report a top there are 4 of 5 ingredients: there is a Fibonacci price cluster, a Fibonacci time cluster, a bearish divergence on the momentum, a cycle top in overbought zone.....but lacks a true pattern!
The structure is strange and almost incomprehensible.
I wait out and look.
Have a great trading day...with care!




Onda inspiegabile.
Per segnalare un top ci sono 4 ingredienti su 5; c'è un Fibonacci price cluster, un Fibonacci time cluster, una divergenza negativa sul momentum, un massimo di ciclo in ipercomprato , ma manca un vero pattern!
La struttura è strana e quasi incomprensibile.
Sto fuori e aspetto.

Buon trading...e prudenza!

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