Fibonacci and Astro Fibonacci Ratios
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Above is a five-year chart of the NYSE Index displaying both standard Fibonacci and Astro Fibonacci retracement ratios. Both types of Fibonacci ratios are calculated using the all time high made in October of 2007 and the low made in March of 2009.
The standard Fibonacci retracement levels are represented by the red lines going horizontally across the whole chart. The Astro Fibonacci ratio levels are marked by the blue lines drawn horizontally across the right side of the chart. There are nineteen primary and secondary Astro Fibonacci ratios; inside the right hand margin of the chart, we have labeled ten of these ratios. Please examine the above chart, and notice how the stock market "gravitates" to all 19 Astro Fibonacci ratios . Please note that almost always, as the market zigzags, the lows and highs are formed close to one of the 19 Astro Fibonacci levels. It means Astro Fibonacci works and that is the reason standard Fibonacci works. Astro Fibonacci ratios provide us with additional useful support and resistance levels. For example, you can see that the 46.4% Mars/Ceres has been really important. The chart below is drawn with the Astro Fibonacci ratios reversed. Sometimes, the reversed ratios are also very helpful indicators of natural support and resistance. |
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Since the 1980's, traders have used the five standard Fibonacci ratios to calculate useful support and resistance levels. Since the 1980's, astute traders have known Fibonacci ratios worked but never knew why they worked. It was a mystery - the Fibonacci Mystery. But recently, the Magi Society discovered that every one of the five Fibonacci ratios was nearly exactly the same as an Astro Fibonacci ratio - Fibonacci works because Astro Fibonacci works. This is confirmed by the fact that all Astro Fiboancci ratios are useful for predicting support and resistance levels. |
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