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Strategies & Market Trends : Longer-Term Market Trends
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To: AllansAlias who wrote (446)5/11/2008 7:27:35 PM
From: skinowski  Read Replies (1) of 3209
 
Looking at that chart I think if the entire W2 or B would end at your little red "C" - that could be enough.

OEX - The Dec-March decline is close to being 162% of the one in Oct-November. That's a common relationship between A and C, and also between 1 and 3 and between 1 and 3+5 (in my experience). Looks like once again markets are dancing to the music by Leonardo Fibonacci.
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