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Did 55 Fibonacci day rule happen again?


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#1 larryh

larryh

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Posted 22 March 2018 - 03:03 PM

For many years, some market tops have been followed by market bottoms approx 55 days later, or could be one day or two, before or after - sometimes CD and others TD.

 

Either way it looks like it is a fibonacci hit - prior hits have been 1929, 1987, 1997, 2007 or 8 I believe, and some others.

 

Let's see if this rebounds from this 2641.59 low.  I could be wrong but darn, this would be really close.

 

Anybody else have this?

 

Thanks...