Jump to content



Photo

Dow YEARLY CHART and 1971 - 2017close up

FIB TIME & PRICE EXTENSIONS

  • Please log in to reply
3 replies to this topic

#1 Geomean

Geomean

    Member

  • Traders-Talk User
  • 1,108 posts

Posted 28 October 2017 - 04:35 PM

Below are two additional versions of the 1927-2017 Dow chart with fib and time extensions where one can more plainly see more of the fractal and Fibonacci patterns in the data.

The first is the prior Dow Yearly chart but this time closer up (1971-2017) with Fibonacci time and price extensions from major inflections. While it is difficult to get them precise due to hiding the monthly bars for the yearly indicator set up they print "fairly close".  BTW the Williams SMACD is reverted in these versions to its traditional 5/34/5 settings.

 

 Some of the more significant Fibonacci relationships pertinent now are

1. The 100% fib time extension from the 1932 bottom to the 1974 bottom fails in this time frame.

2. The 100% price extension of the rise from the 1932 bottom to the 2000 top is close by

3. The 161.80 price extension from the 2009 bottom of the rise from 1987 bottom to the 2000 top is close by. 

 

Following this close up chart is the full chart which includes pre 1971 Fibonacci time and price extensions.  These further illustrate that the long term Dow reflects the mathematical patterns of nature.

 

ATB

Geo

 

1971 to 2017

 

INDU_Yearly_1971_to_2017_with_De_Mark_In

 

1927 to 2017 with Fibonacci Price and Time Extensions

 

INDU_Yearly_1920_to_2017_with_Fibnacci_P

 


Opportunity knocks on your door every day-answer it.

#2 Geomean

Geomean

    Member

  • Traders-Talk User
  • 1,108 posts

Posted 28 October 2017 - 04:56 PM

Here is a revised full data set with Fibonacci Price and Time extensions updated with the extension from the 1974 low to the 2000 high which projected the .382 time extension to the 2009 low.

 

INDU_Yearly_1920_to_2017_with_Fibonacci_


Opportunity knocks on your door every day-answer it.

#3 dowdeva

dowdeva

    Member

  • Traders-Talk User
  • 360 posts

Posted 28 October 2017 - 06:30 PM

Geo,

 

What are your thoughts regarding that the Demark signal is only at a six?

 

TiA



#4 Geomean

Geomean

    Member

  • Traders-Talk User
  • 1,108 posts

Posted 29 October 2017 - 12:14 AM

Geo,

 

What are your thoughts regarding that the Demark signal is only at a six?

 

TiA

DD, see my response to Pedro in the first topic on this charting.


Opportunity knocks on your door every day-answer it.