Major Indices: Macro SR Fibonacci SchematicsHere we have every major American indices in the world including the S&P-500, Dow Jones, Nasdaq, and the Russell 2000. This list excludes major foreign indices. For this idea, we have 2 boxes per indices. This is so we have room to include all schematics in the blueprint (chart). Let us define each indices and then we can talk about what makes each individual box up.
1. S&P-500 = (Standard and Poor's 500) Largest publicly traded companies in the US. (Benchmark for the overall US stock market and economy)
2. DJIA = (The Dow Jones Industrial Average) Tracks 30 large, publicly owned blue chip companies. Indicator of the health of the US economy, especially in the Industrial sector.
3. NASDAQ Composite = Heavily weighted towards the tech sector. Includes 3,000 stocks/all stocks listed on the Nasdaq stock exchange.
4. RUSSELL 2000 = Measures performance of 2,000 smaller-cap American companies. There's a distinct difference from the small cap measurement of the Russell and big caps like the S&P.
Now, each set of boxes are entirely different. There are no schematics in more than one box AT ALL. EVERY SINGLE BOX is 100% unique. Now that we know this lets examine...
1. Both S&P boxes include the following. 2 sets of schematics, a set of fib circle pairs, and a set of Fib Forks for EACH BOX.
2. Both DOW JONES chart have a schematic each. The 1st box has a set of fib circles but not the 2nd. The 2nd has a set of Fib Forks and so does the 1st.
3. Both NASDAQ boxes have a schematic each. Also, each has a set of Fib Spikes AND Fib Forks.
4. Both RUSSELL boxes have a schematic each. Each has sets of Fib Forks with the important ones highlighted in either black, yellow, or white to show the variety and how each different set reacts differently.
One must see that the different thickness and colors of separate sets of schematics are to distinguish them from its surroundings. My own forged Market Theory is that there is a BASE SET of Fib Extensions in the background which makes up our structure. Then, in the foreground, we have our Fib Spikes and then we lay over our Fib Forks. Finally, we have a totally finished, CLUSTERED, Schematic. SO, every single schematic that I make is all just individual schematics clustered together.
