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.
Tuesday, May 18, 2010
Possible exponential down channel identified in $SPX
It's not absolutely a sure thing yet, but compliance at the tops is clearly good, if we get a nice local bottom that sits on the same trendline as the last decline, shown in the middle of the graph above, then the channel is established...