Today’s invited guest blogger is Denis Bouchard from Taiwan. Please check out his long-term historic viewpoint on Fibonacci waves and how he comes to view today's market. Feel free to comment on this blog.
Elliott Wave Insights, Part IV
The End of a Six Thousand Year Elliott Wave Cycle
It has been several years since Elliott Wave Insights, Part III was published. With the major markets near the cusp of a directional change, the present is a very appropriate time to take several steps back and consider the overall picture of the wave pattern. A bird's eye view of Elliott Waves from the beginning of human history may give us insights as to what lies ahead.
You may have heard about Fibonacci, the man who discovered a set of numbers which have been found to have a major affect on the market. So who is this Fibonacci fellow and why are his findings so important in the market place?
The mathematical findings by this thirteenth century Italian man has yielded a useful tool which is used in technical analysis and by scientists in a large array of fields.
In our new short video, I will look at gold and also the crude oil market using MarketClub's Fibonacci tool. I think you will be surprised and shocked at just how accurate and up-to-date this dead mathematician's work is in today's markets.
This is such an important video that we only want to leave it online for a short time. We urge you to take 4 minutes and learn the Fibonacci secret to the markets.