More Fibonacci Arcs, for the weekly Russell 2000. For a great 15 minute video on how all the major stock averages are lining up perfectly with Fib arcs, fans, and other technical patterns, check out Tim Knight at Slope of Hope. His animated charts are very detailed and things line up so well, it almost seems like the expected bounce (like today) is too obvious, and we're just going to crash real soon, and not wait for the September / October period when the real bad stuff usually happens. Walk softly and carry a big stick (made of gold). |
“We are all agreed that your theory is crazy. The question which divides us is whether it is crazy enough to have a chance of being correct. My own feeling is that it is not crazy enough.” ― Niels Bohr
Click on any chart to engorge it
Click on any chart to engorge it