Exacting A Top-Reversal Using #elliottwave Pattern | #SP500 #ES
Friends,
Noteworthy geometric festivities underway in e-Mini S&P500:
1 - AB = CD SYMMETRICAL GEOMETRY:
The simple ab = cd symmetrical formation is laid over entire price action within the chart. Its ending points to 1999.75 value.
2 - ELLIOTT WAVES' ENDING TRIANGLE:
EWP's End Diagonal is constructed by five waves, themselves build by a 3-wave formation, which is the require for this common EWP geometry, whose namesake position heralds a potential change in directional bias
3 - GOLDEN NUMBER AND GOLDEN RATIO:
The Golden Number is known as 1.618, which represents a unit of any dimensional object, adding upon its length the product of its height times the Golden Ration, such that 1 + (1 * 0.618) = 1.618.
Although many significant and occult numbers have sprung from more complicated derivations from the Golden number and its ratio, other occult numbers such as 0.309 and 1.309 can also take part in any geometric development
In this particular case, 0.618 was divided by 2, and the result, or 0.309, was added to the height of bc's geometry, each half accounting for the height differential between ac and bd.
OVERALL:
All come to 1999.75 alignment, the potential reversal level to consider for this market.
Cheers,
David Alcindor
Predictive Analysis & Forecasting
Denver, Colorado - USA
---------------------
Twitter: @4xForecaster
---------------------
Noteworthy geometric festivities underway in e-Mini S&P500:
1 - AB = CD SYMMETRICAL GEOMETRY:
The simple ab = cd symmetrical formation is laid over entire price action within the chart. Its ending points to 1999.75 value.
2 - ELLIOTT WAVES' ENDING TRIANGLE:
EWP's End Diagonal is constructed by five waves, themselves build by a 3-wave formation, which is the require for this common EWP geometry, whose namesake position heralds a potential change in directional bias
3 - GOLDEN NUMBER AND GOLDEN RATIO:
The Golden Number is known as 1.618, which represents a unit of any dimensional object, adding upon its length the product of its height times the Golden Ration, such that 1 + (1 * 0.618) = 1.618.
Although many significant and occult numbers have sprung from more complicated derivations from the Golden number and its ratio, other occult numbers such as 0.309 and 1.309 can also take part in any geometric development
In this particular case, 0.618 was divided by 2, and the result, or 0.309, was added to the height of bc's geometry, each half accounting for the height differential between ac and bd.
OVERALL:
All come to 1999.75 alignment, the potential reversal level to consider for this market.
Cheers,
David Alcindor
Predictive Analysis & Forecasting
Denver, Colorado - USA
---------------------
Twitter: @4xForecaster
---------------------
