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Pulse of an asset via Fibonacci: NDX at minor Impulse Redux

Telah dikemas kini
"Impulse" is a surge that creates "Ripples", like a pebble into water.
"Impulse Redux" is returning of wave to the original source of energy.
"Impulse Core" is the zone of maximum energy, in the Golden Pocket.

Are the sellers still there? Enough to absorb the buying power?
Reaction at Impulse is worth observing closely to gauge energy.
Rejection is expected on at least first approach if not several.

Part of my ongoing series to collect examples of my Methodology: (click links below)
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place <= Current Example
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: one Ping only

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Ordered Chaos

every Wave is born from Impulse,
like a Pebble into Water.

every Pebble bears its own Ripples,
gilded of Ratio Golden.

every Ripple behaves as its forerunner,
setting the Pulse.

each line Gains its Gravity .
each line Tried and Tested.
each line Poised to Reflect.

every Asset Class behaves this way.
every Time Frame displays its ripples.
every Brain Chord rings these rhythms.

He who Understands will be Humble.
He who Grasps will observe the Order.
He who Ignores will behold only Chaos.

Ordered Chaos

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want to Learn a little More?
can you Spend a few Moments?
click the Links under Related.

Nota
rut roh raggy

Ping on bottom of Core syot kilat Odds of decline just went thru the roof.

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Nota
Thus my enthusiasm for PINGs

Followup from last snapshot above: syot kilat That Ping on bottom boundary looks to have marked the top for today.

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Zoom OUT to original view syot kilat We have a couple of "now obvious" supports (light green arrows) marked by local golden fibs.
But in between is a not-so-obvious 3.236, and THAT would be the ideal bounce point.


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Nota
Thus my Respect for the IMPULSE CORE

This one MELTED the rebound wave syot kilat (yellow highlights pa since posting of this idea).

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Zoom IN (5min) for a closer look at the CORE: syot kilat Clearly this band has GRAVITY.
When above, it got sucked back in.
When below, will it suck it back up?

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Zoom in MORE (1 min) and THERE IT IS syot kilat the PING.
Ping as in "Give me a ping Vasili, one ping only please".
And thus my rule: "Not all Pings start a Reversal, but Most reversals Start with a ping".

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Zoom OUT (30 mins) to imagine what might be next: (see notes on chart callouts) syot kilat The wave's fib structure shows us the key levels.
Some logic gives us a decision process.

NOW: if the wave starts ignoring this local fib,
we will need to zoom out to our bigger fibs such as this bigger picture Idea:
Nasdaq dip Technically done/close. Do fundamentals align yet?



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Nota
GO GO GO 2-6-1-8 :)

Just after posting above update, our "would be nice to hold fib is trying" syot kilat 2.618's are always a good bet to put upt a fight.

Is that the new bottom?
No way to say, other than:
IF there is a bottom nearby, THAT would be a good one.

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Fibonacci

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag