I've just had some interesting results playing around with dates and fib ratios, which I thought I would share.
Take the low pivot points on the DOW of the 20/1/06 and 7/2/06 calculate the number of days, multiply by 1.618 to calculate the future date of trend change. Gives 8/3/06 which was by coincident also the next pivot low date.......
Take the high pivot points of 1/2/06 and 22/2/06 and you end up with 28/3/06, another date of trend change ?
Spooky or not ?
Take the low pivot points on the DOW of the 20/1/06 and 7/2/06 calculate the number of days, multiply by 1.618 to calculate the future date of trend change. Gives 8/3/06 which was by coincident also the next pivot low date.......
Take the high pivot points of 1/2/06 and 22/2/06 and you end up with 28/3/06, another date of trend change ?
Spooky or not ?
