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.
Friday, September 4, 2009
the current market
As of noon today CST, he $NDX and the $SPX have both rallied up to Fibonacci points of .618 and .500 retraces of their decline from 8/28. The $SPX also has overhead resistance from a previous bottom at around 1015 or so..This could be where they stop and resumes their declines but we must watch cautiously here...