Wednesday, February 29, 2012

FIBO Target Reached.

the 1376 area has been reached: Oct 4 ~ Oct 27  =  Nov 25 ~Feb 29

The next two weeks will be interesting.
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2 comments:

  1. Fibo,
    Short the Dollar 79.40 (Friday 3-2)
    Stocks will go up for another 2-3-4-5 or 6 weeks ?
    (we know the answer)
    Enjoy the weekend
    www.markethighsandlows.com

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  2. Made this chart this morning

    http://imageshack.us/photo/my-images/820/snppriceandtimesquare.png/

    Angle from May 2011 High to Oct 4 low on this chart is 51 degrees down.
    Projecting that back up gives us the may 2 2011 high price of 1373.5 on..... Mar 12, the day of the geocentric earth grand trine.....

    also note the large scale rsi divergence through all of Feb

    I think being long volatility will be the play
    Whether we go up or down... we shall know soon


    good luck to all!!

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