Major Geometric Confluence at 4575 area in Value Line Index

Posted below are several charts showing the dynamic price projections and perfect fibonacci relationships at the 4575 area on VLE, all based on log scale measurements. This is additional, very compelling evidence of a potential major top right at or near current prices as of 6/20/14. So now we have a major price confluence occurring in the window of the very long-term time projections posted here on 6/15/14. The pattern and wave relationships of the two legs up from the 2009 low appear to be a fractal of the larger two-leg pattern from the 1990 low to the present, and the 2009-2014 legs up appear to be a smaller fractal of the 1990 to 2000 legs up. Under the multiple fractal scenario, the correction from May to Oct of 2011 is the small fractal of the 2007 to 2009 down leg, and this presumed top in 2014 is at least equivalent to the 2007 top.

Analysis and additional comments are annotated on the charts posted below.

Kim Rice 6/22/14