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.


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.”