tag:blogger.com,1999:blog-12333088.post2227787025358228732..comments2023-11-10T05:07:19.026-05:00Comments on Carl Futia: headed higherCarl Futiahttp://www.blogger.com/profile/01624989905417650273noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-12333088.post-50690931325208707772013-02-04T10:58:34.529-05:002013-02-04T10:58:34.529-05:00Excellent work Carl, keep it upExcellent work Carl, keep it upJoshuahttps://www.blogger.com/profile/17421424167013125329noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-86092389918724150032013-01-27T05:44:16.470-05:002013-01-27T05:44:16.470-05:00Hi Carl
Good work . i do see why the march time pe...Hi Carl<br />Good work . i do see why the march time period would be ideal for a top <br />and many indicators do look a bit stretched short term . yet i favor the 3 peaks domed house having begun<br />in July 2010 and 2012 being points 15 though 20 .not quite and 11 month sideways movement. this places the dow now heading higher into point 21 <br />and point 21 tends to feel like a 3rd wave which runs stronger and last longer then its previous first wave . hence point the move from point 18 to 19 should be measured in both time and price<br />and this move should correlate with a Fibonacci extension based <br />on that movement . the key extensions i have observed which on the surface do not appear to be Fibonacci numbers are 1.618 then the 2.854-3.382 range, followed by the 3.618 . this implies the dow<br />to new all time highs at 14330 just to meet the minimum.<br />the 2.382-2.854 extension range <br />targets the 15014-15436 range <br />and that would be only for point 21 . lastly the 3.618 implies a move to 16119 which seems extremely overly optimistic yet taking the move from the 2002 lows to the 2007 highs on the down and multiplying by 1.382 targets 16144<br />hence the larger longer term match looks to be the 16119-16144 area . <br />extensions . that's just about 149 percent up from the march 2009 lows<br />yet looking at the NASDAQ 100 it went up to around 158 percent .<br />just things to think of .<br />also Lindsay work with the try day method has merit yet that is for another day .<br />good luck and thanks for the post <br />Joe Adsensehttps://www.blogger.com/profile/08031892140855200123noreply@blogger.com