Tuesday March 9 2021
The Italian Mathematician Fibonacci first discovered the fibonacci number sequence.
Markets move in Elliott Wave fashion. Market turns often occur at Fibonacci Numbers.
In the sequence numbers are added resulting in this sequence. Once underway the prior number is .618 of the following number.
1 2 3 5 8 13 21 34 55
We noted yesterday was a perfect 21 years out form the dot.com high of March 8, 2000 . so
2021 – 21 = 2000 High
2021 – 1 = 2000 Low
2021 – 13 = 2008 High Low
2021 - 34 = 1987 High Low
2021 – 55 = 1966 High
1982 + 5 = 1987
1982 + 8 = 1990 Gulf War
1982 + 21 = 2003 Low
1966 + 8= 1974 Low
1966 + 34 =2000 High
Point being this is another clue that a top may well be forming now at a significant Fib Number Event.
This is too many occurrences to just be random.
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