If This Math Is Correct SPY
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If the duration of time is directly proportionate to the change in price from bottom to potential top, we are in for a rumble sooner than I may have even thought.
I considered magnitude of this run, but didn't apply it to time. Doesn't necessarily turn out to be true, but if it is, boy we are in for a wild ride real fast.
=FIB
I considered magnitude of this run, but didn't apply it to time. Doesn't necessarily turn out to be true, but if it is, boy we are in for a wild ride real fast.
=FIB
Note
also, actually in this case, the magnitude would be inversely proportional to the time, so larger magnitude, less time.
The prediction is in...
= FIB
= FIB
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