xjo weekend zoomba lounge, page-80

Sera just posted re Laundry's passing. Always sad when someone with unique ideas leaves the scene.

His concepts had a degree of the esoteric in them that makes it unlikely anyone else really understands all its nuances.

I mentioned last week I still have SPX bullish and XJO bearish and nothing has changed YET.

I posted a chart the other day from a Ferrera perspective (not sure whether I posted it here).

The arrow is for Jul 12, and now the SPX has jumped.

So there may be another pullback and then a surge.

Using a Laundry T on the volume oscillator it suggests a possible top of some sort for about Aug 4, which is 61 cal from the low. It is a Saturday of course so before or after.

Larry Williams suggests an early Aug high and also that early Sep starts the severe drop.

I agree with those time frames more of less but still trying to sort SPX from XJO.

I have been watching a 30 month cycle since 1987. It starts Oct/Nov 1987 and so watch those months and then Apr/May after 30 and repeat.

In the chart below I have placed the red line on the Nov (not Oct) which leaves me to put a 45 month (blue)on the Oct equivalent.

Yes you could put in a 15 month.

So Oct/Nov is a candidate for a low (rarely a high).

I have mentioned the 20 year cycle which was a low 16-17/11/1992.

I could ramble more but probably just confuse myself :-)