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

counting days, page-30

  1. 10,250 Posts.
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    re: counting days, jconnell Yogi can I ask why you are using the growth count of 2, 2.25 or 2.35 for your angles?

    Markets move in a natural growth spirl and thus the only possible angle moves are:

    1pt per day, week, month or year
    1pt per day
    6pts per day
    360pts per day
    21600pts per day.

    As an example, the US markets are open for 6.5hrs per day.

    Running the angle from the Jan 2000 high and 6.5pts per a day downwards lands the October 2002 low at exactly 45 degrees.
 
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