Fibonacci_Technician

Fibonacci_Technician

Notes on chart.

Fibonacci_Technician

I'm republishing this along with an image. Fibonacci spirals on TradingView are not static which causes problems viewing the spirals correctly. Please refer to the image to understand the intended result.

Fibonacci_Technician

Fibonacci spirals on TradingView are not static unfortunately which is why I don't publish more often. Have to post an image to ensure proper spiral placement.

Fibonacci_Technician

Please review notes on chart. Don't sell yourself short by containing yourself in a linear format. Price action follows a curve.

Fibonacci_Technician

How the AVERAGE of SPY, QQQ, IWM &DIA and the AVERAGE of CL1! & NG1! have performed against one another.

Fibonacci_Technician

Monthly chart, log scale. Notes on chart.

Fibonacci_Technician

A megaphone has played out before during the 60s and 70s. Just so happens that this megaphone would play out at a very important bottom trend line.

Fibonacci_Technician

Major breakdowns all round. Next stop, the 150sma with a final target destination at the 300sma.

Fibonacci_Technician

#SPY #QQQ #IWM #DIA avg. vs.#NG_F #CL_F avg. Note divergence and trend flow. Cycle 'revergence' initiating.

Fibonacci_Technician

S.Q.I.D. is my SPY, QQQ, IWM & DIA average that I created to simplify. Looking at the weekly chart and marking some common, analogous points (on chart) it would appear that this event is 3.33% larger. The 2011 event bottomed on the 150sma. 150sma x 3.33 = 450sma. Should the comparison hold true the markets should bottom at the end of February 2016 at the 450sma...

Fibonacci_Technician

S.Q.I.D. = Average of SPY, QQQ, IWM & DIA. This is a 1:1 2011/2015 comparison of Fibonacci levels. Extend and extrapolate.

Fibonacci_Technician

SPX forecast utilizing Fibonacci linear and spiral tools along with sine.

Fibonacci_Technician

*Drops Dishes* WAVES! The price action travels in waves! Now would be the time to applaud. Troglodytes. Thank you @BattleAxe for jogging my memory.

Fibonacci_Technician

Monthly chart. Pay particular attention to the interaction with the 60sma which is rapidly approaching.

Fibonacci_Technician

$STUDY $CL_F $UWTI $DWTI daily chart. Looking at an apparent breakout above key resistance. Notes in chart.

Fibonacci_Technician

Notes in chart.

Fibonacci_Technician

$NG_F weekly chart. Two reversal theories in play, one is an inverse H&S the other, more likely, is a double bottom.

Fibonacci_Technician

Looking for a rejection close to $48 then a trip down to ~$35. All of this action would create a huge double, double bottom eventually (mid Oct?) launching the price to ~$57 in mid Dec.,... maybe. Really, who knows?...