The home of the innovation of the Logarithm of Time as applied to the Markets. We also watch for and correlate with major Bradley dates and Fibonacci Time and Price sequences.
Wednesday, April 23, 2008
energy markets
Here is unleaded gasoline, I computed the two charts from the swings shown in the regular chart...Gasoline is topping, and the 1.00 node in the first chart is ideally at 5/15/08 and the 1.5 node in the second chart is ideally at 4/21/08 (meaning of course we're past that date). So the top is in the neighborhood of from now to the next 3 weeks..
Actually given the AB=CD type Fibonacci math, you could argue that we've reached the top now, and the 4/21/08 date was the correct date and interpretation. Targets that are computed that way come out to 3.00 and 3.08 dollars a gallon, so as I say, we may be there..
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment