TradeVulture.com

Ancient Geometry and Advanced Fibonacci

BATS:SPY   SPDR S&P 500 ETF TRUST
"What has been will be again, what has been done will be done again; there is nothing new under the sun." Ecclesiastes 1:9

I believe I may have unlocked something significant regarding growth. If my hypothesis and analysis is correct, the circle reveals a cyclical system of 6 cycles which roughly equal Phi (.618). 60/360 = .618. I have measured various moves paying particular interest in variants of Phi and the .886 Fibonacci level, which is a 4th root of Phi. To my surprise, I slowly began seeing multiple Phi levels line up perfectly as I began measuring various moves. More surprising, the .886 Fib would become a measured move at approximately 1675-1725 on the SPX. This level also lines up with what I believe is the completion of the 6th cycle sometime near the end of 2013 and early 2014.
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