Timing, Anyone?

This week we were watching the $SPX cash timing cycles for a possible high and reversal back down with the 2/2-2/5 time cycles that were projected in advance.
The actual HIGH was made on 2/1 which is considered to be within the “time window” for a change in trend.  Now, even though I feel that this market is currently still vulnerable to the downside, I have no idea if my lower targets are going to be met.  I have to base trades on what I KNOW.  So what I KNEW is that I had time cycles for a high and I KNOW that I had sell triggers against those cycles.  It was worth a trade for sure.

timing-anyone-chart


See more from the Fibonacci Queen on her website.

Carolyn Boroden

Carolyn Boroden Fibonacci Queen

After quitting high school and running away from home, Carolyn Boroden took the “non-traditional road” to Wall Street. She found a job as a secretary/gopher to the GOVT Bond Trading Room and Donaldson, Lufkin and Jenrette.Fast-forward a few years after the crash of ‘87 when Carolyn found her mentor, Robert Miner and learned of his work with Fibonacci. After that, as they say, “the rest is history.”