Stocks & Commodities V. 31:4 (10-13): The Contracting Fibonacci Spiral by David Petch
Product Description
The Contracting Fibonacci Spiral by David Petch
Capturing Human Psychology
Are the markets trapped? Find out about contracting
Fibonacci spirals and their implications for the financial
markets going forward.
Currently, the broad market indexes are trapped in a contracting
Fibonacci spiral (CFS), with the implications
of the CFS between December 2012 and 2020. Figure
1 illustrates the importance that a currency has within a
society. The method by which a currency is backed, be it by
a gold standard or fiat declaration, affects mass psychology.
Patterns of mass psychology form various cycles, which are
linked to progression through longer-term durations. The
stock market is the ultimate method of capturing human
psychology ranging from greed to fear, and every combination
in between.
In the 1930s, commodity-backed monetary policy tended
to make people more honest, which was a direct reflection of
this policy. As time went by, the economy became increasingly
unstable, bringing high-order events closer and closer in the
economy and markets. Every cycle has booms and busts, but
the CFS has numerous tops that have occurred within 5% of set
time posts, followed by corrections of at least 40% to 50%.
FOR THOSE ORDERING ARTICLES SEPARATELY:
*Note: $2.95-$5.95 Articles are in PDF format only. No hard copy of the article(s) will be delivered. During checkout, click the "Download Now" button to immediately receive your article(s) purchase. STOCKS & COMMODITIES magazine is delivered via mail. After paying for your subscription at store.traders.com users can view the S&C Digital Edition in the subscriber's section on Traders.com. Take Control of Your Trading. |
Professional Traders' Starter Kit |
All these items shown below only $299.99! |
5-year subscription to Technical Analysis of STOCKS & COMMODITIES, The Traders' magazine. (Shipping outside the US is extra. Washington state addresses require sales tax based on your locale.) 5 year access to S&C Archive 5 year access to S&C Digital Edition5-year subscription to Traders.com Advantage. 5-year subscription to Working Money. Free book selection. |
|
Click Here to Order |
|