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Sunday, May 26, 2024

Golden Ratio on the SP500 is spooky

Courtesy of Read the Ticker.

Things are just too spooky!

The most common pattern in nature, the GOLDEN RATIO.

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SP500


…plus the Shemitah cycle peaks (2015-16)
 

Cycle


…plus Jan 15th 2014 (12 months alert)
 


 

UPDATE1:

..plus the PnF forecast of Richard Wyckoff Cause and Effect on the NYSE, tend to come true.


NYSE PnF Forecast


Maybe time to call your broker Bud Fox before he goes to jail!
 

Broker


Investing Quotes…

…"I was brutal in self-analysis. He told his sons his conclusions: “Successful trading is always an emotional battle for the speculator, not an intelligent battle.”…He knew that his biggest enemy was his own emotions."…

Jesse Livermore

.."It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong"..

George Soros

.."The key to making money in stocks is not to get scared out of them"

Peter Lynch

..“The main purpose of the stock market is to make fools of as many men as possible”..

Bernard Baruch

.."A market is the combined behavior of thousands of people responding to information, misinformation and whim"..

Kenneth Chang

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