Does Fibonacci analysis “support” a major top nearby in the stock market? When considering difficult math problems, it is, at times, easier to work backwards.…
Tagged Fibonacci
Charts Of The Week: Why Recent Index Highs *LOOK* Like Fitting Tops On The Charts
This week we presented a series of charts outlining how recent index highs pass the so-called market top “look test”. By that we mean that…
ChOTD-6/6/14 Why The Recent High DOESN’T Quite *LOOK* Like A Fitting Top: Wilshire 5000 Edition
This week, our ChOTD’s have been a series demonstrating why recent index highs (Russell 2000, Dow, S&P 400 Midcap and S&P 500) pass the so-called market top “look test”. To qualify, we…
ChOTD-6/5/14 Why The Recent Highs *LOOK* Like A Fitting Top: S&P 500 Edition
Continuing our series on why recent index highs pass the so-called market top “look test”, today we look at the S&P 500 (previously we looked…
ChOTD-6/3/14 Why The Recent Highs *LOOK* Like A Fitting Top: Dow Edition
Continuing this week’s series of charts outlining how recent index highs pass the so-called market top “look test”, today we focus on the Dow Jones…
ChOTD-6/2/14 Why The Recent High *LOOKS* Like A Fitting Top: Russell 2000 Edition
Today’s ChOTD is the first in a series of charts outlining how recent index highs pass the so-called market top “look test”. By that we…