Use large reference, "The combat zone" (see note) is 1944.65-2047.41. Taking a quad division, we get:
1944.65 1970.34 1996.03 2021.72 2047.41
Using standard Fib. retracement, the 1st support is 1984.28-1984.55 - recent high low 2020.86-1867.01 - 0.2360 1984.55 - 0.3236 1971.07 (1.618/5), session low 10/06 1071.77 - 0.3820 1962.09
Note:
comments: - this note gives a pictorial/cursory view. not +/- 1 accuracy. - use large frame Fibonacci extensions - The ATH 2134.72 vs. 2130.46 - The recent low 1867.01 vs. 1861.61 - Bull has a pending High target 2213.50 - So far, 2213.50 remains a pipe dream for E-wavers.
Date Uploaded: September 30, 2012, 3:24:46 PM Time stamp link ( EDIT: pivotal 1829.17 +/- one Fib ratio )
02/08/14 12:24:01 PM link You also can find some “popular” numbers such as 1880, 1860, 1944, 2213 .. etc, These are just the wave Fibonacci extensions, not that cryptic.
11/21/14 11:00:28 AM link 2079.76 A gauge to see 2100-2130 2130.46 Middle term upper target
01/17/15 04:53:59 PM link While the general consensus has reached an overwhelmed bullishness level. To be bullish, the serious test remains in between 2069.93 and 2130.46.
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