Monday, January 31, 2011

Stocks: Monthly Fib Timing

Per the analysis and comments on the chart, Jan 2011 may be important timing for a reversal in the S&P. If the market continues to make significantly higher highs after Feb 2011, I think it would invalidate this fib time series observation. If the markets do begin to roll over here, it may mark a top of significance that could last many months. We'll all find out in the fullness of time, as Ed Hart used to say.

Kim Rice 1/31/11

No comments:

Post a Comment