Fibonacci - the bull run that occurred from 2010 to late 2013, roughly follow some key Fibonacci levels - the initial phase A-C retraced back to D before racing off to F. - if we take the current bull run from 2015 to current, we're following the same Fib levels, but just stretched out over a longer period of time. We've hit phase E and I hope we're heading for phase F.
Sine Curves - red roughly predicts low and green roughly predicts highs. - the next macro high is more or less three years away with the fib PT saying ~170k ( over 9x in three years ). - the peak of the red sine wave, has so far been the time where the 1.272 Fib level breaks, so in around 20 months time, I hope we begin to break the ath of 70k ( that's when the real bull run starts ).
Thank you for the different idea. I am bearish at this point:
Jimmy205
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@Tradersweekly, You might be right on the micro, we've still got another few months of bottoming on the sine curve. It may go lower before then, or maybe just plateaux.