Wednesday, February 16, 2011

S&P Fib Timing Confluence


As shown on the attached weekly SP chart, there is an impressive web of Fib timing lining up for the week of 2/21/11. I would give this a variance of no more than about 1 week either way. Assuming this timing will have an effect on the Fat Finger Ben market, it should have some kind of top somewhere between today and March 4th. I'm leaning toward 2/18 to 2/23 based on some daily timing work not included on the chart.

Kim Rice 2/16/11


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