XJO 1.55% 8,428.5 s&p/asx 200

hats off to the mods wednesday, page-39

  1. 17,444 Posts.
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    vvg

    I have been a proponent of election cycles and decennial cycles but am a bit perplexed at the moment.

    They pretty much called the June low.

    Election cycle chart. If you shift this a little to the right you get June low and Sep high.

    It does imply eventually higher into year end.



    The decennial chart had a similar low. It even has a dip about now but mostly up.



    However DeMark and other prognosticators see things more bearish.

    And I have mid 2013 as a low for XJO and late 2014 in the US.

    Perhaps these are minor blips in an upmove!

    I do suspect after 3.5 years up, a bigger correction must be due sooner than later.

    Bull markets can be longer than 5 years sometimes but not often.

    If this bull had started this year rather than 2009 I would be more comfortable with a move up into 2017 without much retracement but...
 
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