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the ndx 100


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#1 gannman

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Posted 09 May 2021 - 11:05 PM

i know this is off topic but since we are talking about the general market figured i would add this here

 

the ndx peaked in march 00  it fell to a low of  about 800 

 

since that time we have climbed to about 14000 

 

the difference between the two is about 13000 points  a multiple of 13 a fibonacci number

 

the number of years since mar 00 till now is 21 another fib number

 

so we have an advance of 13000 points in 21 years 

 

i believe that is what is called a squaring of price and time 

 

looking at the chart of that action on the monthly it sure looks to me like we did a wave 1 into mar 00

 

and we have now done a wave 3 into 2021 

 

this could be totally off and the ndx may just blow thru 14000 here which is fine . it also may not 

 

just something to watch 

 


feeling mellow with the yellow metal


#2 K Wave

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Posted 11 May 2021 - 07:41 AM

Silver now testing 5 min line...

 

IF this area gives way, then swing top may be in....unfortunately short of the $28 goal line....



#3 gannman

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Posted 11 May 2021 - 08:45 AM

i think everything will get caught up in this stuff K wave  


feeling mellow with the yellow metal