Stocks & Commodities V. 31:4 (10-13): The Contracting Fibonacci Spiral by David Petch

Stocks & Commodities V. 31:4 (10-13): The Contracting Fibonacci Spiral by David Petch
Item# V31C04_522PETCH
$3.95
Availability: In Stock

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 Edition
  • 5-year subscription to Traders.com Advantage.
  • 5-year subscription to Working Money.
  • Free book selection.
  • Click Here to Order