S&P 500 IndexShort
Amazing Long- Term Fibonacci Time Cycle
The Fibonacci sequence is as follows (1,1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, ---to infinity)
Within the last 34 – years there have been 4 significant SPX turns on or near October 11th.
October 11, 2024 could be the 5th turn – this time a top.
Additionally, the SPX - 2002 to 2007 was almost an exact Fibonacci 5 – years.
If the current bull market which began in October 2022 tops now, it will have lasted a Fibonacci 2 – years.
Within the last 34 – years there have been 4 significant SPX turns on or near October 11th.
October 11, 2024 could be the 5th turn – this time a top.
Additionally, the SPX - 2002 to 2007 was almost an exact Fibonacci 5 – years.
If the current bull market which began in October 2022 tops now, it will have lasted a Fibonacci 2 – years.
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