Tuesday, December 14, 2010

S&P 500 1250

The chart below shows the amplitude of the rallies and declines in the S&P since the April 26th high. Virtually are of the corrections were extremely close to natural geometric numbers: 60, 90, 120, 150, 180, 210...

Projecting these harmonic amplitudes up from the various pivots produces two clusters of levels between 1200 and 1300. There are 1220-1225..near the November 5th high and at 1250-1255 level.

The December Cycle Projections suggest that pivots could form between Dec 10-13th and Dec. 20-22nd
A break below 1219.50 will be a distinct warning that a high is being made. The First January Time harmonics will be between Jan 4-8th.

2 comments:

ricardo said...

Dear Fibo,

Could you show me how to make colume chart to present price cluster and time cycle also

Million of thank for your help

Fibocycle said...

send me an email: the address is on the top left side of the page:

mysquigglylines *** (at)*** gmail.com