SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Harmonic Trading with The Phoenix

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Haim R. Branisteanu who wrote (57)11/16/2002 6:28:49 PM
From: the-phoenix  Read Replies (1) of 941
 
I just threw a fibonnaci time grid on the SPX chart and found something else interesting: Using the July and October lows as attachment points for a cycle, the convergence of those trendlines in the 950 area would be right at the 1.618 expansion on Nov. 26th:

share.esignal.com

Note how the other time fibs (the .382, .618 and the 1.382) corresponded with the highs of August 22, September 11 and Nov 6th, off by a day or two at most.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext