Monday, August 2, 2010

Week of Aug 2, 2010 start

In addition to the long term Astro events there are a number of time Fib cycles coming due.

Aug 2 is 61.8% the number of days from the March 6, 2009 low to the January 19, 2010 high. (See the red grid on the attached chart)











Aug 3 is 1.272% the number of days from Feb 5, 2010 low to the April 26, 2010 high.
(See the green grid on the attached chart)










Remember the measured move. We may be rising, with a lot of volatility into mid-month before a more significant correction and get to the 1140 - 1150 range in the SP500.

With the Astros in effect, anything can and may happen. See previous dates.

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