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Non-Tech : TA: Cycles, Pivots, Harmonics, Fibonacci, Gann, etc -- Ignore unavailable to you. Want to Upgrade?


To: peter n matzke who wrote (3)9/26/2001 5:30:30 PM
From: peter n matzke  Read Replies (2) | Respond to of 60
 
Cycles with Trading or calendar days using fibonacci retracements:

SPX low 3/22/01 1081.19
high 5/22/01 1315.93

difference = 234.74 x 1.618 = 379.81
1315.93 - 379.81 = 936.12

actual 9/21/01 = 944.75 (futures traded within .5 points of similar calculation)

3/22 - 5/22 = 42 TD
3/22 - 9/19 = 126 TD
point occurred 2 days after target date

Current Cycle
ESZ1 low 938.5 9/21/01 at 9:46 am
ESZ1 high 990.50 9/21/01 at 10:50 am

990.5 - 938.5 = 52 points x 1.618 = 84.136
938.5 + 84 = 1022.5
actual 9/26/01 at 9:30 am = 1024.25

84 x .382 = 32
1024.25 - 32 = 992.25 minimum retracement expected
low for the 9/26/01 regular session was 1000.00