“Those who have knowledge don’t predict. Those who predict don’t have knowledge.” Lao Tzu, Chinese philosopher, 6th century BC

PAYPAL

Friday, 17 May 2013

FIB TALK - JUNE 10

As we head to a critical juncture in cycle studies there is one that not a lot of analyst talk about and that's time FIBs.  As of the lows of 2011,  we are now approaching a weekly TIME/FIB ratio of 34 with a target of June 10.  At the same time, the monthly TIME/FIB ratio of 8 based on the same 2011 low also comes up with a target on June 3.

Therefore we should watch these dates: June 3 - 10th.
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2 comments:

  1. Quy17 May 2013 at 14:57

    I don't know FIB, so does this potentially mean the market could top from 6/3-6/10 ? Thanks.

    ReplyDelete
  2. MP17 May 2013 at 15:11

    A date to watch to see if there is reaction, and since we have been going up and up.. it might be a turning point to the down side.

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