XJO 0.81% 7,971.6 s&p/asx 200

1929 crash great dep vs 2008 gfc myths busted, page-12

  1. 1,374 Posts.

    hi volt..


    it nests lows after 'the fact' due
    to the degree of variances in cycles...

    but thats not a bad thing...

    also time remaining in the cycle
    can give a 'heads up' then normal technical
    indicators S/R, trendlines, candlesticks etc
    can confirm a nested low (or peak) and a phase in of a
    new cycle or confirm the corrective part of the cycle...

    always good to know direction with a bit
    of confirmation, minimizes the risk...

    AFP
 
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