Tuesday, August 24, 2010

Confluence of FibTime Clusters in SPY and TLT/LQD

The updated FibTime run now hints at Pivot around Aug 29/30 which exactly coincides with our TLT and LQD (Fixed Income) clusters .

This projects a blow out in fixed income and S&P 500 intermediate low for Friday/ Monday.

Let's see whether Mr. Market goes for it....

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  1. Jason_70August 26, 2010 at 6:26 PM

    Here's a chart that i created and wanted to share with you. You might find interesting.
    The pace of decline of RED line is so fast this time around that we may see huge down moves in very short period of time on the S&P.

    http://lh3.ggpht.com/_nWni2LcWFe0/THcBpbpaF9I/AAAAAAAAAHc/nea0JaDf0Bc/market.png

    This also blends with your analysis of monthly demark pivots that you did a few weeks back.

    Let's see how it all shapes up.

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