XJO 0.87% 8,283.2 s&p/asx 200

almut's - copock shlopock - friday again, page-47

  1. 17,444 Posts.
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    Soccer5

    I would love to give you all the turns ahead but where would be the challenge for you :-)

    Seriously, there are others here with better records than myself and I won't name them and embarrass them.

    As indicated earlier in this thread, today/tonight has a number of pundits calling a top.

    A number including myself were thinking about 11th.

    For me that was based around a 99 cal day up and then 56 day down pattern that I have seen quite a bit.

    So if we get past the midle of next week and still rising I will need a rethink.

    That 56 days down would be into the US election on Nov 6.

    There are a number of weekly and monthly index charts that seem to have broken out above long term wedges although not all. That seems bullish!

    IF we do get decent pullback then I expect a year end rally and then probably early Jan to start down for a couple of months and then......
 
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