EuroMotif

The "Pulse" of an asset times Fibonacci: SPX hit its 9.618 top ?

EuroMotif Mod Updated   
FOREXCOM:SPX500   S&P 500 Index
Part of my ongoing study of Fibonacci Extensions and their relevance to all Assets.
The 9.618 is a particularly interesting extension, quite often the ender of Moves.
Confidence in this plot can be measured by the number of EXACT hits on fib ratios.

Was it the End of the Trend, or just a Bend?
Of course I have no idea what will happen.
But IF an End, that was a good spot for it.

At the very least it started a retrace.
Trade War Rehtoric dropped it more.
Pullback was due, news could accelarate.

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Ordered Chaos

every Wave is born from Impulse, like a Pebble into Water.
every Pebble bears its own Ripples, gilded of Ratio Golden.
every Ripple behaves as its forerunner, setting the Pulse.

each line Gains its Gravity.
each line Tried and Tested.
each line Poised to Reflect.

Confluence of 2 is Dependable.
Congruence of 3 is Respectable.
Coincidence of 4 is Worshipable.

every Asset Class behaves this way.
every Time Frame displays its ripples.
every Brain Chord rings these rhythms.

He who Understands will be Humble.
He who Grasps will observe the Order.
He who Ignores will behold only Chaos.

Ordered Chaos

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Comment:
The tumble from 9.618 was out of sync with everything. This bounce just now might get things back in sync. The bounce needs to test at least the fib immediately above, or preferably the band above with a ping on the 6.236.

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Comment:
The fib in above picture did NOT hold, but it DID bounce on smaller tf to confirm it. Now we have another chance to confirm or deny this fib's continued influence
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