META FRACTAL ANALYSIS
We have two repeating cycles with an expansion ratio of Phi
Price and time are analogous to the main fractal in DJIA with both tops and bottoms occurring in the same month with a +/- 1 day.
This puts the ending node of the current cycle on 26/02/2024 weekly candle with +/- 1 candle
The ending node completes a (1 X 2), (2 X 1), (3 X 2) Fibonacci growth progression of 615 weeks.
After the top is made we have a long steep correction that can run for about 57 weeks.
Trade safe, good luck
Price and time are analogous to the main fractal in DJIA with both tops and bottoms occurring in the same month with a +/- 1 day.
This puts the ending node of the current cycle on 26/02/2024 weekly candle with +/- 1 candle
The ending node completes a (1 X 2), (2 X 1), (3 X 2) Fibonacci growth progression of 615 weeks.
After the top is made we have a long steep correction that can run for about 57 weeks.
Trade safe, good luck
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