XJO 0.36% 8,288.7 s&p/asx 200

mastertime factor in operation?, page-110

  1. 1,268 Posts.
    Hi friends,

    Following up with the updated Master Time Factor Forecast chart of the XJO for those who are interested in its movements, there has been a significant change in the future projected direction of the Master Time Forecast chart which must be noted.


    I'll show the previous week chart and today's chart for comparison.

    First, the forecasted chart PREVIOUSLY shown for the just concluded week ( chart dated 30th June)



    Now, the CURRENT Master Time Factor Forecast chart updated to show the changes - for 12th July onwards:



    With the past week now concluded, this additional data now fed into the model now projected a forecasted pattern in the direction of a smaller pitchfork ( marked as pink pitchfork ) within a large pitchfork ( previously shown in red ).

    I have also shaded the current range under the forecast in green to highlight the forecasted direction and the actual direction so that it is easier to check the forecast versus the actual visually. I have also marked the two nearest exact dates of the turning points on the Master Time factor Forecast chart as read from the chart itself for convenience of those following it for some guidance. So no point to repeat them here in text.

    Also, the Master Time Forecast Chart, as the name implies, is for main purposes of projecting time and direction, and not the magnitude or size of the projection, although we can gauge roughly the extent from the direction projected. The chart is also dynamic as more data input into the model affects its forecast. So always use the forecast with caution, for rough guidance ( apart from "entertainment" !) and DYOR.

    Hope this update is useful to those who are interested in monitoring the projections.

    Have a great trading week ahead,

    dascore






 
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