Sunday, 26 January 2014

Nasdaq and the "circle of 360"

Was watching 3600 on Nasdaq and we finally got our reversal signal after 85 weeks, a shooting star weekly candle.We had our 50% move into resistance off half the circle (240) up to completion at 360 (times 10)and time looks to be working on 1/4 of the circle,90 weeks.Interestingly the 90 week cycle will also be 45 weeks from the 270 low which would square time 45 weeks against price 90 points (x10) at 1 x 2. A 5 week correction would also be a "matching wave " with the summer decline

No comments:

Post a Comment