double top comfirmation, page-2

dingo37

Yes i mentioned the double top on XJO this morning and the trend line you have is pretty defined

A couple of more numbers which are notable in respect to the double top woul dbe
12510 ( hit last night ) that 1.5 times the range
12301 ( 160 lower ) which is 2 times the range - always possible after a doble top ofr bottom

But the significant figure would be the
162.5% Gann and Fibonacci area and that number being 12457
The low last night was - 12460 ( very very close)

TIME AND PRICE

Last night was
225 days from Oct high ( Price 14198 )
450 days further back was the July low 2006 ( Price 10683 )
That would be a 50% retrace in time 50% price = 12440


Have fun