mikeavon

mikeavon

This chart shows a road map for the Nasdaq. Since Black Monday (October 1987) NDX has set up a perfect Fibonacci fan chart. If you use June 2022 and a price of $19,609 and the focus point the perfect fib retracement levels tie back to Black Monday perfectly, I did the retracement first and then notice the date!!!! If you take Oct 1987 as ground zero, the Fibonacci...

mikeavon

This chart shows a road map for the S&P 500. Since Black Monday (October 1987) the S&P 500 has set up a perfect Fibonacci fan chart. If you use June 2022 and a price of $5,625 and the focus point the perfect fib retracement levels tie back to Black Monday perfectly, I did the retracement first and then notice the date!!!! If you take Oct 1987 as ground zero, the...

mikeavon

Looking at the symetry in Silver's price action the past 14 months, let's see which route it takes next. A drop to $21.6 with a bounce on or near the 22nd September (next FOMC announcement) is one option. If so, Silver could see a rapid reverse symetry move back to $27.

mikeavon

If the spiders do their thing silver could reach $30 by 3rd November (possibly even sooner).

mikeavon

If the spiders do their thing gold could reach $2,000 by 3rd November (possibly even sooner).

mikeavon

Let's see how this one plays out. The chart has quite a few segments that price could follow.

mikeavon

A zoomed in version of the previous chart. This should help us track it easier.

mikeavon

Let's see if this spider chart can help us forcast price action posibilities for DXY. If the black arc holds true then price is likely to follow one of the 3 highlighted routes (red, purple and green). Let's see if any of them play out.

mikeavon

The Gold/Silver Ratio Spider Chart (GRS) doesn’t look very healthy. For silver and gold to complete their consolidations by end October we need a GSR of <69. Price therefore needs to move out towards the orange area!

mikeavon

It's work in progress, but I'm trying to overlap energy points and unveil the interconnected multiverse!! Bring on Kang the Conqueror!

mikeavon

The spiders web centres on the $50 silver peak in 2011 with energy points radiating out from there. The price action from silver 2 days ago is very close to that of March 2020.

mikeavon

Here's the latest DXY spider chart. With the CPI data released tomorrow, will it be a backtest or a breakthrough for DXY?

mikeavon

The spider just found the centre of the Bitcoin universe. He followed the green candle (highlighted in red) and built rather a nice web!!!

mikeavon

Lets see if UX1 can get back to all time highs by the end of 2026. Will if follow the concentric rings of the spider web all the way? We'll find out!

mikeavon

Short term 15 min BTC spider chart. Showing backtest from recent breakout

mikeavon

4hr EURUSD spider chart, let's see how it develops!!

mikeavon

Just a bit of fun, but how far out do we think the DXY spider can weave his web today? Will he keep weaving it out or will he turn down one of the arcs!

mikeavon

I thought I'd publish this as a test to see how this chart unfolds over the course of today.