Murray, your wish comes true today and all well before next Christmas. Pls do NOT show this to bone. . See chart below for how the Mightiest King in the Universe, the Dow Jones, follows the Golden Ratio obediently, without fanfare. But here's the thing. Nobody sees it. . . hahahaha The grid is in dark yellow with the perfect hit at Golden Ratio derivative 261.8% at the Sept 2018 top. The mighty Dow knows that nobody in their right mind would take the previous wave to draw the grid. But he knew I would and it tickles him bigtime.
As suspected and called in quote. Enjoy. Revel in the magnetic draw of the 200-pd ema in SPY & the electromagnetic draw in Vix to the vicinity of the 4th wave at 15.5. Done.
Moving right along as market eats into my breakeven money causing many heart attacks here. Hahaha, if you don't got the kahunas, don't play this game. This game consists of taking risk in the bend in the trend to catch the new abornjng trend, then get on the horse and ride it to its natural end. But what if you're wrong and the old trend continues? Hahahahaha, cost of doing business, an occupational hazard, . The beauty is I'm responsible for both wins and losses, nobody to blame. I like that.
Vix still in my called zone of prev. 4th wave but the 200-pd is begging him to drop by. He's on his way. Spy has gapped above 200 and is now attacking my trendline. Now we go to work. Fibo grid shows SPY nearing the Golden Ratio 61.8% at 282.29 Spy has took-ed out the 50% Fib. Hahahaha, dig this. .... if the TOP (285.18) gets taken out then I'm back to square one , a total bum, hahahaha. So we wait and see. Yeah baby, the bend in the trend makes a warrior out of a man and makes him a MAN. But he's got to survive to play again. Poor Spy, sh's pissed off at my trendline and is throwing dojis at it. For those who don't see a method in this madness its like this: we had the drop on Friday. OK that is Wave 1 down. Yesterday was a boring day, right? That's because SPY started the recovery wave aka wave 2 up. So wave 2 up in progress now. I expect it will go to Gokden Ratio 61.8% or a tad higher to GR's sister, 78.6%. Any other stuff like taking out the top means I am dead wrong. That's where I stand.
Before I die I gots to get this off to stubborn bone. . Love the way he nonchalantly brushed me off like I was some retard when I mentioned Fibs to him in his Crude Oil thread. Boy did he brush me off. Even hurt my horse's feelings. pay back with this chart that will make bone come find me. ... . Vix monthly Fibo grid hits a perfect 161.8% from the 2008 high to the recent Vix lows. Monthly chart. Dig. Imagine what bone could do if he knew stuff like this? Why, he could cut the slices of bread as big as a door and even feed all the neighbors. He would not have to work no more. But he is such a lazy bum, he WILL not learn. Guaranteed! Fibo grid in dark yellow gold, the hit is at Golden Ratio 161.8% .
update: Spy approaching Golden Ratio 61.8% at 282.3. Vix approaching 200-pd ema, just a hair from it. Hahaha, SPY rides to meet Fibo. .....
SPY vs Fibo. Will Fibo die? Yeah, they all say unanimously. Dyin don't mean nothin, it ain't hard, its livin that's hard