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, January 15, 2010
Another interesting timing clue...
I don't need a chart to say this, the amount of time that the $NDX has spent rallying from the March '09 lows, as of 1/08/10, was exactly .618% of the duration of the crash from Oct '07 to that March low. We are only a few trading days beyond that, so it would still qualify as a Fibonacci turn if the markets broke down here. This is in addition to the exponential nodes we have just seen hit over the last two and a half weeks. So things are not happy today in the markets, and it bears watching, as change could be coming....
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2 comments:
Hi Mark,
We are supposse to be in a wave 5 up... that would agree with the timing clue.
Cheers,
Timing is everything.
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