With Vix building bullish support under the mkt and a fibonacci 144 hit on Feb 9th error +3 days.
(144 td from July 14th Dow low close)
We can only go UP!
Jerry
Or a double top,
1430.73 retrace to 1405.88 ( 38.2%)= 24.85 pts
24.85 pts * .382 = 9 1/2 cd days = Jan 24/25
This is probably better than the V bottom that most bulls look for.
Than rally into Mar Apr.
Jerry
April maybe
I was looking for the next final all time high in March but April works better so far:
If we take 1-14-2000 Dow close 11722
1-14-2000 *377 fib weeks = April 6th 2007
377 * 3.618 = 1363
11722 + 1363= Dow 13085
3.618*2 =7.236
1-14-2000 + 7 years 2 months 3 wks =April...