FibonacciDiPisa

FibonacciDiPisa Updated 

Trend lines and patterns simply don’t lie. There is a clear destination set forth and so far, we are right on schedule. Dates that stand out as of now are: February 2nd February 19th February 26th April 7th April 20th, dude The big players would love nothing more than to show the retail investors not to play games with things they know nothing about, the...

FibonacciDiPisa Updated 

If that was the bottom of wave 4, apply this EW theory and proceed with caution!

FibonacciDiPisa Updated 

Coincidence? I think not. I would expect to go upward from here for the final wave 5, the sucker's wave.

FibonacciDiPisa Updated 

Too much to write out and I spent so much time creating this, but you get the idea... =FIB

FibonacciDiPisa Updated 

Updated, still crazy

FibonacciDiPisa

Self Explanatory...may not believe in it, but these are potential consequences to our actions

FibonacciDiPisa

We didn’t quite touch another strong longer-term trend line. This happened a few days back and we ended up blasting through it eventually after a surge upward. I anticipate the same to happen again in this case once we reach the top trend line from this bounce. Target will be the crossing, or 31113, on or around February 17th. Be weary if we do break that top...

FibonacciDiPisa

AHOOOOOO Wolf moon proved to be a day of significance, coincidence? I don't think so, but what is a coincidence anyways? It is just like an indicator or retrace; is it that people use and follow it, or is it something that is just a part of nature and unavoidable? The answer: it doesn't matter either way. Full moon and planetary events are hard-coded in our blood...

FibonacciDiPisa

I plotted some long-term trend lines, retraces, and linear regression to watch out for and came up with 4 simple zones shown above to make it easy to visualize. We should be very cautious getting in too early as we are on the brink of meltdown based on all indicators, timelines, and most experts are in agreement now that this is a bubble fueled by many...

FibonacciDiPisa

Nasty little fall we had. Clearly we are on some type of rebound at this point after touching that retrace. Let's see if it holds up or if we need to go to the next level down first. Or, perhaps this is really it and we head down even farther. Looking pretty nasty, I must say that. People not seeming as interested in upward movement at this point, but the...

FibonacciDiPisa

Here is what I see as a potential price path for SPY. We will hit the retrace, bounce up, then down again, and then the FED will come up with some other scheme to save the market, blast off to that 390+ area, and then finally, when they are all out of options and have to increase rates, head down from there throughout the year. Funny how the lower unemployment...

FibonacciDiPisa

I know it is a lot to look at, but “bear” with me. I drew some trend lines to see their convergences, and then put the dates and prices of those convergences to create a sort of bear map, if you will. I would use these as potential pivot points and price magnets as we go through this bearish time of correction, hope it helps you. Overall, I still think we have...

FibonacciDiPisa Updated 

Well we finally had a significant push down following the pattern of overnight dumping; where do we bounce? I would look for 3782.25 and 3757.50 and 3732.50 as potential bounce points. If we go beyond this today, I would be surprised. I think we will still end the day at 3800 and head up one last time from there. I am still seeing February as a nasty...

FibonacciDiPisa Updated 

Estimation of more precision than my previous post for Apple post-earnings target shown using my retrace method. Apple is a strong company, but no where near worth 2 trillion. This earnings time was, in my opinion a final play for Apple owners before a cash out. This could be a potential spark that ignites the SPY downturn to bearish, but no confirmation of that...

FibonacciDiPisa Updated 

Based on the pump and dump scenario appearing to be playing out, I would estimate Apple could go right back to the 127 area. This will have significant consequences for the Nasdaq and the S&P 500, and in my opinion, could be a catalyst to a potential bear market beginning. Just a though, though, take it for what it is worth. -FIB

FibonacciDiPisa

Does anyone else come up with February 4th as a potential big day of trade? I keep coming to this date, as well as later in March. Since this is the closes date, though, I am thinking something significant is going to happen on this date. Logic would tell us that it would be the beginning of a down period, but since I am sure I am far from the only person aware...

FibonacciDiPisa

I plotted some ranges and timeframes to get a better understanding how, in a worst-case scenario if history were to repeat itself exactly, when and how much we would tumble and fall. Firstly, it showed that we could potentially go up as high as 320ish before the waterfall. Secondly, the first drop, if like the March waterfall, could hit as low as...

FibonacciDiPisa

Obviously related to earnings, we could see an explosion up at the crossing of the lines. That being said, we could just as easily see an explosion down. Either way, likely to see some movement with some force, and, as always, be careful of the ole head fake! Thoughts? -FIB