XJO 0.25% 8,160.0 s&p/asx 200

thumping thursday, page-40

  1. 17,444 Posts.
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    Monthly SS now typical of every other major bottom except perhaps 1932. Same lows and turn up and xover.

    Suggests even a 12 to 18 month rally.

    Since the 4 and 20 year cycles line up the same every 20 years this year should look somewhat like 1989.

    Like 1989 I think we get a weak rally that could do 50% or even 61.8% retracement.

    It won't be exciting, and is not the start of any new bull.

    Nice little rally of 46 pts in 23 mins or 2X1. I could have sold 1 pt higher than I did, lol.
 
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