XJO 0.30% 8,099.9 s&p/asx 200

the crash starts on monday, page-23

  1. JC2
    4,397 Posts.
    re: the crash starts on monday chart I have some charts averaging decades and the months within going back to '82 and one going back to the 1800's.

    What they suggest on a month end basis for the '6 year is that a top is seen for April and a correction low for June/July.

    Point number one is that it is only an average, but the pattern is copied a lot.

    Point two is that because it is based on month end close the daily high can be in the month before or after those turns.

    This suggests that IF we were to follow the decade pattern, then the high would be March/May and the low would be May/August. The duration of the correction would seem to be 2 to 3 months.

    April and July are usually very good months and May and June pretty ordinary in any year.
 
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