Posts Tagged ‘fibonacci’

  • Very Long Term Fiboncacci Dow Jones
    , March 4th, 2009 at 9:03 am

    I personally do not place any emphasis on 5448, it will be interesting to see if the market is attracted to that level before this bear market is over.



    This is not a forecast, just an interesting observation.

    Thanks to the reader (Dmitry) who sent me THIS ARTICLE which got me to look at the Dow this way.

  • If The World Could Vote
    , November 4th, 2008 at 12:45 pm

    This is site has a live Global Vote for US President with some interesting data points.

    The market rally continues as fresh money chases prices higher, the Qs are coming up to a 38.2% retracement which has the POTENTIAL to become a place where new buyers slow down and profit taking occurs (the process of forming resistance). Trend is clearly still higher on the shorter term timeframes.