The "Pulse" of an asset times Fibonacci: WTC returns to Impulse

7 thg 5, 2019

This is part of my ongoing study of assets that "Return to the Impulse".
An impulse occurs from a large sell/buy force applied for limited time.
If re-visited, Impulse usually rejects at boundary or core of .382-.618.

This was an perfect example of the .618 rejecting, TWICE.
On second attempt it rejected even before being touched.
Maybe a third attempt will give us yet more learning events.

Many analysts use previous Tops or Bottoms are Support/Resistance.
That method relies on the START of an impulse, but is rarely revisited.
With a properly marked Imuplse, we can see the EXACT area of interest.

Here is "Impulse Redux" collection the above belongs in:

(scroll to see Updates)

Here is the original "Pulse of an asset" collection:

Here is a collection of ''Beware the 9.618" events: