pennies
Last night was 2 days down not 4 in Mclaren count.
In beginning a reversal count, the day that exceeds the low of the high day is day one and vice versa.
Jalosa has April 10 as a high but I see April 2 as more important from my cycle studies.
As for April 22, it may be significant but the lows have seen Nov 22, Jan 22 and you could say Mar 22 was significant as a low because it jumped hard after the Easter break. A low can be a low but can also be where the market spurts higher.
I would think May 22ish may be more important.
One thing I have observed is that turn dates early in the year seem to be important for the remainder.
A little early yet in the year but worth observing.
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Last
8,757.2 |
Change
118.200(1.37%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,639.0 | 8,776.4 | 8,639.0 |
| XJO (ASX) Chart |