Solving for the .65 - The Sequence of Mirrors

FX:SPX500   S&P 500 Index
Over the last year a mystery has endured. Why does price respond to the 65% level? Internet searches provided no clues, just that it is a level that one should add to the default fib settings as price often finds this spot. Today, this mystery has been solved. The .65 and .35 are expressions of the relationship between the .236 and .382 and their mirrors, the .764 and .618. Over the coming weeks I will be producing content that explains the value of this discovery to our trading goals. The keystone is the 1.272, the square-root of the 1.618. The interactive effects of the fibs offer clues as to the location of the price pivots of the future.

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