XJO 0.10% 8,212.2 s&p/asx 200

face down friday, page-69

  1. 17,444 Posts.
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    Blue Ice

    Not sure which bit needs explaining so here is some expansion.

    I thought Aug 16 might be a big crash day and it wasn't.

    Why, because it was 155 cal days from the March low.

    Apart from 155 being a sacred number or pyramid dimension, and occurs all through all markets, more importantlt all crash bottoms seem to happen about 155 cal days from the previous important low.

    So tonight is a candidate but is also a candidate for a recovery.

    The 183 cal days of half a year is basic Gann stuff as a year is a cycle or 360 degrees and 1/12ths 1/8ths and 1/3rds are the split or 30/45/60/60/120 etc days or degrees being times of significance.

    Because a circle is 360 degrees and days in a year are 365/6 there is a little difference so allow for both.

    I am impressed today with this recovery and by the close of US trading it might end up being correct but I am not sure SPI will be so good looking by 4:30 and part of tonight.
 
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