XJO 0.33% 8,045.1 s&p/asx 200

thursday the turning point, page-2

  1. 17,444 Posts.
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    Danube

    Very good.

    If this is a bottom, then both 1929 and 2008 had a low on Nov 13th.

    The 1929 top was Sep 3rd and this last down leg started Sep 2nd.

    Sep 2 to Nov 13 is 72 cal days or half a Gann and Fib 144.

    1929 did rally into 16th April of 1930 before the devestating decline into July 1932.

    Armstrong's right shoulder of his H&S pattern is in APril next year and is equivalent to Sep 2000 last time when the worst of the downside followed. That leg is typically 26 months or into June of 2011.
 
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