My last post noted four Fibonacci time cycles due on 9/14/16
In an earlier post I noted two Fibonacci price targets at SPX 2116.59 and 2103.76
There is another Fibonacci price target - the 2193.81 high - 2157.09 first decline bottom = 36.72 x 1.618 = 59.41.
2157.09- 59.41 = 2097.68
To allow for leeway the broader target zone is 2118 - 2095. There is a high probability of a bottom in this zone on 9/14/16
Mark
In an earlier post I noted two Fibonacci price targets at SPX 2116.59 and 2103.76
There is another Fibonacci price target - the 2193.81 high - 2157.09 first decline bottom = 36.72 x 1.618 = 59.41.
2157.09- 59.41 = 2097.68
To allow for leeway the broader target zone is 2118 - 2095. There is a high probability of a bottom in this zone on 9/14/16
Mark