Monday, April 26, 2010

S&P 500 Time Price Harmonic

The chart shows the Time-Price relationship between the 2007-2009 bear campaign and the recovery from the March 06, 2009 low. At current price levels and time duration, the rally from the March 2009 low is 50 percent of the October 2007-March 2009 Bear Market.
  • The Time-Price triangle (C) from the March 06, 2009 low to the January 11 2010 intermediate high is .334 percent of triangle A which represents the 2007-2009 Bear Market (A)
  • The Time-Price triangle (B) from the March 06, 2009 low to the recent high (April 23,2010) equals 50 percent of triangle A

1 comment:

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