Thanks totters and Rob for your thoughts on QBE
Back to my favourite stock BHP :)
Have we seen a short term top in BHP?
399 trading days from the 50 high so the 50 day cycle from the top is in play. The suare root of 20+2 resquared gave us a figure of 41.89 (this is the true calculation for the gann square of nine chart). For a perfect square out this price would have come 365 calendar days after the low but 5 days out is not to bad in my eyes. I have also mentioned circles and the 1/2 circle shown on the chart nailed the high perfectly. Please note that circles will only work on a correctly scaled chart
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- weekendcharting 28 november
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