Wednesday, February 26, 2014

Fibonacci Week of Year 2014

More playing around...

DOW Futures

39 comments:

  1. If week 13 were to be the bottom, it matches well with your March 30 Fib date too. It will be interesting to see how it plays out.

    ReplyDelete
    Replies
    1. I think the monthly bars are going to work too.

      Delete
    2. if that is the case, spx should top in early March and then proceed to make a low in May?

      Delete
    3. We need to let it play out a little more but so far it is 1=low, 2=high, so 3 should be low and 5 should be high, which correlates well with the daily and weekly bars, if it continues.

      Delete
    4. IS THIS IT? Is this it? bearish engulfing candle ? lets hope for a close in this scenario...

      Delete
    5. Ehhh... Spoke too soon, and just when I was getting excited.

      Delete
  2. Fwiw, I am looking for a 3/3-4 Low http://timeandcycles.blogspot.com/

    ReplyDelete
  3. week 13 is March 30 to April 6, which coincides with Fib 89 day on March 30, and Fib 3 month of the year, making a low in March. It seems that everything is lined up for a low at the end of March. Platy, I read somewhere that there is a grand cross in mid April, do you have some insight into that?

    ReplyDelete
    Replies
    1. Yes April 21 is the next Uranus-Pluto square (geocentric) also square Jupiter, and on April 23 Mars completes the square. It is a dangerous configuration, possible disaster or war. This is also the beginning of the blood moon series that Mark Blitz talks about, which has crucial links to Israel's history. And it is 19 years (a full metonic cycle) after the OK City bombing.

      Sorry I don't have links or exact details, I am out of town due to unexpected family business and my laptop broke just before I left. My availability is limited.

      Delete
    2. Thanks Platy. That sure sounds like a scary time. It certainly seems possible for the market to decline at a time like that?? Do you think we might have a wave 3 like drop into Mar 30, then chop, then another drop into April 21, before climbing back up to make a top in May?? Also for those still following the 1929 fractal, if this is the beginning of the drop according to the fractal, it should decline into end of March in a relentless fashion. We shall see...

      Delete
  4. We are 2 days from the 2009 bottom and the price run-up today cant seem to support higher prices moving above 1900. Maybe its just me, but this acceleration in price this morning could be a potential 1880 top. Anyone care to analyse this price point?

    ReplyDelete
    Replies
    1. I meant to say 2 days from the anniversary of the 2009 bottom. As far as structure is concerned the EW can be counted as complete or close to complete. and any reversal with a large tail candle would surely tell us that the top is in on a daily basis. The intra day MACD for the SPX is not even close to following such a move made this morning. and have been negatively diverging since the 12th or 13th of Feb. This is overdue...

      Delete
    2. Thanks for the reminder MP, great points!

      Delete
  5. 2009 low = 666.79
    14th year (1+4 = 5) 5 years since bottom

    6+6+6 = 18+.79= 18.79 x 100 = 1879 (is this the target?)

    ReplyDelete
  6. I see a topping action at 1875-80 but respect potential top coming as late as 3/14.Probably staying in this same area of 1875-80.The lagging Dow is bothersome but SP counts complete.BP

    ReplyDelete
  7. Could March really mark the top then go down into May which seems to fit well with the grand cross late April.

    ReplyDelete
  8. When Jupiter turns direct Thursday it will be at near opposition (closest approach) to Pluto and square Uranus. The importance of this configuration is explained here:

    http://planetforecaster.blogspot.com/2013/07/is-jupiter-mars-effect-weakening.html

    ReplyDelete
    Replies
    1. Looks as though all that's been said is coming to plan Platy..

      Delete
    2. are you saying spx will top out tomorrow?

      Delete
    3. It's possible. The thing that bothers me is that Jupiter's position is at 1900. The Moon crosses this point on Monday so that could be our top.

      Delete
    4. Platy.. Interesting....I had 1859-1900 per my Elliott wave count..... and sometime next week... maybe the first half of the week... we will see.... Ill be watching other key indicators for confirmation.

      Delete
    5. typo.......I mean 1895-1900

      Delete
  9. I am thinking the high tonight with the CIT on Monday. Mars went retrograde on March 1. The (G) chart has Mars trine starting to swing downwards at 1886. Mars sextile inverse is at 1892 after almost crossing Mars trine.
    The True Node is stuck between the 2 at 1888 and Neptune trine sits at 1895.

    ReplyDelete
  10. Any thoughts on gold today? I had thought jupiter direct will push it lower but seems to be doing the reverse so far. Nonfarm payroll numbers out of the US today. Should have a big impact on all asset classes.

    ReplyDelete
  11. Thanks Chris.. great job!.. the market has been mercilessly slow in reaching a top

    After the 11:30am low on Friday it looks like a standard EW 1-2. If so it targets 1888ish or maybe the low 1890's on an extension.. A good place to consider shorting.

    Trendlines on daily charts
    Trendline from 2009 targets 1888-low 1890's (I like this area more than 1910 below)
    Connecting the tops... 9/14/2012, 5/22/2013, 12/31/13.. Targets 1910

    ReplyDelete
  12. I'm thinking this may be the head of a H&S. So, here is a guess.

    If the head tops at say 1890... there is a shoulder at about 1845... This would target an 1800 low which is about the 100dma and lower daily BB area. I think this would be P4 so i would look for a lower high B bounce before a C "crash" to the 20monthy moving avg at 1625

    Then 1625+348 = 1973 by 4th quarter..

    ReplyDelete
  13. I have the next major CIT at around April 25. I have 2 price targets. One higher and the other lower. The higher price is 1920-1929 and the lower is around 1853.
    I get the next CIT at 3/27 or 3/31. Averaging out these gives Friday, 3/28 as a low.
    It took 12TD's from the retracement H on 1/15/14 to the L on 2/3/14. The range was 114 points. From 3/10/14 to 3/28/14 is 14TD's. Therefore, a fall along similar lines gives 1755. 270 degrees from 1888 is 1759. Moreover, it lands on a vibration resistance line for the ES on that date, as well as Mars trine. 360 degrees from 1888 is 1716 however, if prices fall to this level, it is likely going to trigger a bunch of sell stops, which would negate any possibility of a rebound at all.
    A 76.4% fibonacci retracement takes prices back to approximately 1853, or right on my primary vibration resistance line off the 1888 high. Additionally, 1853 is 30 degrees x 2 from the low of 1755. Slighty above this price sits Mars square (inverse) at 1863 and Neptune square at 1865.
    IMHO prices may very well find strong support at around 1853 which is only slighly above the 12/31/13 high.

    ReplyDelete
  14. heliocentric mercury into Sagittarius on Thursday I have that often as a good turn in metals failed once only lately (I have been told degrees matter but a bit out of my league) but im looking out for a good upturn on gold Thurs?

    ReplyDelete
  15. Gold is close to 1392 resistance, and 3/16 is an important turn date.

    ReplyDelete
    Replies
    1. Hi Platy, exellent work. So Gold is close to 1392. What time can we see the low in March or April.? Or we can see the next higher high in March.???
      Tks for your help.

      Delete
    2. Sorry Van, I wish I knew. Gold has been stumping me lately.

      Delete
  16. I would think we see 1500s in gold late April into the Cardinal Cross, courtesy of Mr Putin!

    ReplyDelete
  17. http://screencast.com/t/GitMaaGDfY 2002-2007
    http://screencast.com/t/nSy0Ei5DtRZJ -1994-2000
    http://screencast.com/t/auHV3guu6xl6 1932-1937
    http://screencast.com/t/XasstXtJC 1982-1987


    based on the 5 year cycle I think end of may is where we will see a hard sell off.

    ReplyDelete
    Replies
    1. Nice, that correlates with the Fibonacci dates.

      Delete
    2. by the end of may, how many month has elapsed from previous bottom?

      Delete
  18. I know I am getting ahead of the market, but the end of April is turning to have some uncanny similarities with the ES Emini's natal chart.
    The following aspects appeared in the ES and will again appear on April 29.
    1 Mercury 60 Jupiter (H)
    2 Mercury 135 Pluto (H)
    3 Moon 45 Venus
    4 Moon 60 Jupiter.
    Also the True Node turns retrograde on April 27 and there is a solar eclipse on the 29th.
    And on May 2 Venus will be 90 Mars (H), in line with the Natal.

    There's a lot happening!!

    ReplyDelete

]]>