is it cycling according to vibration number?, page-41

Hi friends from the Charts forum,

With the iCrab pattern completed as shown in the previous post, and with the past few days of rebound, has there been any NEW harmonic pattern formed on the XJO?

To answer that, here's a chart showing the geometric measurements and the harmonic patterns identified:



Observations
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1. The past few days of rebound has led to the formation of the ideal Bat pattern with the right wing as shaded in yellow formed by the recent few days of rebound, and the left wing formed by part of the previous iCrab pattern.

2. The 1st configuration of the iBat pattern has been completed when the XJO hit the 2.618 of length BC to form the point D at 4740.91.

3. When that right wing of the 1st iBat pattern was completed, the MACD indicated a positive crossover as shown on the chart.

4. There is the presence of another larger ideal Bat pattern with the right wing indicated by the dotted yellow lines with a projected target at D1, which is formed by a cluster of fibonacci projections - namely 0.886 of length XA and that of 1.27of length AB, pegging the target at 4891 approx.

Dynamic cycles projection indicated a possible change in trend date , probably a short term top, around the 8th-9th April...so its a date that deserves some watching for chart observers.

Those who are interested in more than these simple charts in this Charts forum, please refer to the XJO by stock forum.

Trade well, trade safe.

dascore