I noticed on my SPI daily charts this morning I had a cycle change tomorrow +/- 1 day.
The cycle is 1/12th of a 8.6 yr Armstrong cycle from the 2003 lows I think.
Of course that is 8.6 months which he refers to.
Getting a bit distant from 2003 now but has a pretty good record up till now.
So I had a play with the cycle tool on CMC SPX chart. Its pretty crude and not user friendly but here is something. You could vary it a little and still fit. This is nothing to do with the 8.6 month thing.
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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 |