Within any impulsive Elliott five wave pattern there's usually a relationship between waves "one" and "five"
The SPX from 2/11/16 the actual top of Minor wave "1" had a growth rate of 17.15% multiplied by .382 = a growth rate of 6.55%
Adding 6.55% to the bottom of Minor wave "4" at 2417.35 targets minor wave "5" at 2575.68 the actual high on 10/20/17 was 2575.44
The buying panic spike on 3/1/17 marks the exact nexus point for a perfect Fibonacci Golden Section from 2/11/16 that targets 10/20/17 as the termination point.
As a bonus it's 233 calendar days from 3/1/17 to 10/20/17. 233 is the 13th number in the Fibonacci sequence.
The sequence is as follows - (1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, to infinity).
This amazing combination of Fibonacci price and time coordinates implies that 10/20/17 could be a very important top.
Mark
The SPX from 2/11/16 the actual top of Minor wave "1" had a growth rate of 17.15% multiplied by .382 = a growth rate of 6.55%
Adding 6.55% to the bottom of Minor wave "4" at 2417.35 targets minor wave "5" at 2575.68 the actual high on 10/20/17 was 2575.44
The buying panic spike on 3/1/17 marks the exact nexus point for a perfect Fibonacci Golden Section from 2/11/16 that targets 10/20/17 as the termination point.
As a bonus it's 233 calendar days from 3/1/17 to 10/20/17. 233 is the 13th number in the Fibonacci sequence.
The sequence is as follows - (1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, to infinity).
This amazing combination of Fibonacci price and time coordinates implies that 10/20/17 could be a very important top.
Mark