Fibonacci time cycles
Please find here a quick study of the SP500 about time analysis.(coming from Bloomberg)
This chart analyse the relationship between price and time using Fibonacci time projection.
By projecting cycle forward using Fibonacci percentages,(within Elliott waves analysis) you will find that most of the bottoms on the way up occurred within a couple weeks of the projection.
The next projected date in the pattern?
The end of April.
1 commentaire:
Everyone is so bearish perhaps we have reached a bottom on the SP ?
Question on the nikkei 225 is it time to buy and are you bullish on the yen
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