Extension of 671.7 to 1571.9 resistant at 2129.8 of 161.8% Fibonacci extension
Market rise from 671.7 on 02/03/2009 to
2129.8 on 07/31/2015
We move it up for 2312 day with 76 bars
Questions please:
1.Please tell me effect on golden ratio on monthly US SPX-500?
2.If golden ratio work out as expected will you consider it as reversal?
3.Is next month beginning of bearish market?
let's keep our finger cross.
LET OPTION PLAY OUT FIRST
BUYING DEC 1800 PUT AND SELLING DEC 2200 CALL FOR NOW.
Market rise from 671.7 on 02/03/2009 to
2129.8 on 07/31/2015
We move it up for 2312 day with 76 bars
Questions please:
1.Please tell me effect on golden ratio on monthly US SPX-500?
2.If golden ratio work out as expected will you consider it as reversal?
3.Is next month beginning of bearish market?
let's keep our finger cross.
LET OPTION PLAY OUT FIRST
BUYING DEC 1800 PUT AND SELLING DEC 2200 CALL FOR NOW.